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Trade and diplomatic ties between
slotxoChina and Australia have been strained. After the Beijing government opened further investigations into the Australian wine business.
The Chinese Ministry of Commerce announced Monday local time. That there will be an investigation of dozens of Australian wine subsidies undertaken by the Canberra government. By ordering this review Expected to extend at least 1 year
Simon Birmingham, Australian Minister of Trade It issued a statement denying China's allegations, stating that the projects it was merely research and development. Which is not considered a contribution in the slightest
The Minister of Birmingham said the Australian government would work with the country's industry-renowned wine industry entrepreneurs. In retaliation for these accusations by China.
The Chinese government's investigation of the Australian wine business comes after the Chinese Ministry of Commerce opened an investigation into the Australian wine dump two weeks ago, claiming that winemakers used severe undercutting to sell in China. The Chinese wine industry has been damaged.
China is one of the top Australian wine import markets. In the past year The value of the business exceeds $ 790 million and has a 37 percent market share, surpassing France's 27 percent market share.
China is also Australia's most important trading partner. With a trade value of $ 170 billion last year According to Reuters
The Chinese government's probe into the Australian wine business is in retaliation for the Australian government. The call for an investigation of the origin of the new corona virus. Which was first reported in Wuhan, China
Earlier, the Beijing government hiked import tariffs on Australian barley. And banned the import of Australian beef It also advised Chinese citizens and students not to travel and study in Australia. For reasons of racism risk
This post was edited by JIRAPORN NONNOILL at December 27, 2020 8:55 PM MST