China's wine dumping allegations leave the industry gobsmacked
  • Vote Up0Vote Down venynxvenynx
    Posts: 5,288Member
    Australian winemakers are adamant that their product has not been sold
    on the cheap in China but say they are willing to cooperate fully with
    the 18-month anti-dumping probe.To get more news about china industry research, you can visit official website.

    The investigation by the Chinese Government will examine claims from
    China's own winemakers that Australian exporters have been selling wine
    in that market for less than it cost to produce, and that Australian
    winemakers are subsidised.

    Sales of Chinese produced wine accounted for 75 per cent of market share
    in 2015, but that had dropped to just 50 per cent last year.

    At the same time exports of Australian wine to China grew from $268 million in 2015/16 to $1.75 billion by 2018/19.

    Kandy Xu and her husband Huigao Xu fell in love with Australian wine
    more than a decade ago, and are making their own under the Kensington
    Wine label with grapes they grow in northern Victoria's Goulburn Valley.

    The majority of their wine is exported to China, where Australian wine is the most popular overseas drop.

    "I have not received any subsidy from the Australian Government," Ms Xu
    told the ABC."The reason for saying this is because the data shows that
    the average price of wine exported from Australia to China has gradually
    increased in the past 10 years."

    China is the largest export market for Australia's wines, with market
    share growing nearly exponentially as more Chinese drinkers fall in love
    with Australia's big, bold style of red wines.

    Thomas Tang left the medical profession and started importing Australian wines into China in 2002.

    Thomas Tang plans to make Australian wines a focal point of his latest
    business venture, which will feature bars and live online streaming
    sales.(Supplied: Dr Thomas Tang)

    "In the past, the Chinese market was dominated by middle and low-end
    wines, but now the price and quality of Australian wines sold in China
    are improving," he said."I have not seen any Australian wine being
    dumped into China."

    His small wine bar in Guangzhou fell victim to China's coronavirus
    restrictions, but he is currently working on a major development, Music
    Park, on the outskirts of the busy tier-one city."The precinct includes
    live music entertainment, nightclubs, bars and live online streaming
    sales," Dr Tang said.

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