Australia – China: Plans for China to cancel tariffs on Australian wine “not yet ripe”

Australia is calling for a review in China's anti-dumping case against Australia's wine exports to China.

The two countries have seen more interactions this year amid improving ties. Following a meeting on 07 September 2023 with Australia’s Prime Minister in Jakarta, Chinese Premier Li Qiang reportedly indicated that China may be ready to “restart and resume bilateral exchanges in various fields.” However, “insiders at Chinese wine industry groups” reportedly do not believe China has plans to lower or cancel tariffs.

China implemented a 5-year anti-dumping tariff on imported wines from Australia starting from March 28, 2021. Prior to this, Australia held a dominant position as the largest source of wine imports by China.

Australian industry representatives have been increasingly prioritizing the Chinese market, which continues to hold significant importance in the global arena. 

Despite the challenges the bilateral relationship has faced in the past two years, trade relations remain at a relatively high level and resilient, due to the strong complementarity of economic cooperation between the two countries.

More information: Condition for canceling China’s anti-dumping tariffs on Australian wine 'not yet ripe' - Global Times