The Australian wine industry is the subject of a second investigation by the Chinese Ministry of Commerce – this time looking into government subsidies.
This follows the initial anti-dumping investigation announced two weeks ago.
Both investigations have been called for by the China Alcoholic Drinks Association.
The Ministry says it will look into reports of about 40 different subsidies from State and Federal Governments in Australia.
Australian Grape & Wine released this statement:
“We acknowledge the Chinese Ministry of Commerce (MOFCOM) has now formally launched a countervailing duties investigation on Australian wine in China.
“This was flagged on 18 August 2020, at the time MOFCOM announced it would be launching an anti-dumping investigation on Australian wine in China.
“The Australian grape and wine sector is well placed to respond to this investigation.
“Australian Grape & Wine will collaborate with wine businesses and the Australian Government to ensure we cooperate fully throughout the investigation process.
“China is an important market for Australian wine and our wine is in demand from Chinese consumers.
“Australia has a large number of exporters with close cultural ties to China.
“The Australian industry welcomes the opportunity to build on these ties and work with the Chinese industry and government to further technical cooperation and develop lasting relationships.”
Australian wine exports to China are worth about $1.1 billion a year.
Photo by zhang kaiyv on Unsplash
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