But changes in China's economy in mean few producers expect exports to return to pre-tariff levels any time soon.China made the announcement on Thursday
"It'll take some time to rebuild the pipeline, there's some additional requirements I think in terms of the need for self-registration, et cetera, so we've updated our export guide." But Dr Cole warned that while China was a very important market, it was currently a fraction of what it was.China's government officially abolishes heavy tariffs on Australian wine, offering a potential lifeline to an industry struggling with low prices and global oversupply."I think also in terms of reopening of the economy there, reopening of tourism and the on-premise businesses as well will be part of that.
"It's probably been the most difficult stage in my career , since working in the family business for 30 years.""We will look at the whole region and not try to specialise too much in the Chinese market," Mr Taylor said."A lot of hard work there in the past, so it will be good to try and rebuild those relationships in the market.
Mr Blythe agreed that wine exports to China would fail to reach the same heights as the pre-tariff era in the near future.
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Fonte: SkyNewsAust - 🏆 7. / 78 Leggi di più »