Article 6AQ38 Australian winemakers hopeful of breakthrough on $1.2bn China trade but still plan to diversify markets

Australian winemakers hopeful of breakthrough on $1.2bn China trade but still plan to diversify markets

by
Daniel Hurst
from World news | The Guardian on (#6AQ38)

After government announced deal with China that could end tariffs on barley, wine producers now cautiously optimistic

Australian wine producers hope Beijing could soon remove tariffs that slashed the $1.2bn trade by 99% - but say they are wary about relying too heavily on the Chinese market.

After the Australian government announced a deal with China that could lead to the scrapping of tariffs on barley within months, wine producers also expressed cautious optimism.

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