China wine tax strike crushes grape price but export rebuild promised

Andrew Marshall
Updated March 30 2021 - 3:41pm, first published 6:30am
Unfair China wine tax crushes prices, but new sales hopes still high
Unfair China wine tax crushes prices, but new sales hopes still high

Grape growers are bracing for further falls in red wine grape values, but the industry is not tipping a fire sale of unsold wine stocks following the weekend's sobering news of China's five year extension to its 200 per cent tariff on Australian exports.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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