Value of Australian wine exports to China falls 96 per cent

Australia News News

Value of Australian wine exports to China falls 96 per cent
Australia Latest News,Australia Headlines
  • 📰 theage
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 77%

Local winemakers have been left reeling from a 96 per cent drop in the value of their exports to China. ...

China’s top diplomat in Australia has warned Chinese students and tourists will question whether to return to Australia after the coronavirus pandemic, raising the possibility of further trade blows to Australian goods.

A man compares two bottles of Australian wine at a supermarket in Hangzhou in east China’s Zhejiang province.The Ambassador has become increasingly critical of Australia’s actions over the past year, spurred on by a jingoistic Foreign Ministry in Beijing. The criticism has followed Canberra’s decision to block Chinese investments, institute national security measures, escalate its military spending and rhetoric, and condemn Beijing’s human rights abuses.

Wine Australia Chief Executive Officer Andreas Clark said the decline in exports was due mainly to a steep decline in Chinese imports as well as less volume available for export. But it is education and tourism that threaten to be the largest post-COVID risk for Australia. In February, Australian universities began receiving reports that Chinese agencies in regional areas were being encouraged by local authorities not to send new students to Australia. China accounts for 37 per cent of Australia’s $10 billion-a-year foreign university student market.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

theage /  🏆 8. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Value of Australian wine exports to China falls 96 per centValue of Australian wine exports to China falls 96 per centLocal winemakers have been left reeling from a 96 per cent drop in the value of their exports to China, as the country's top diplomat in Australia warns Chinese students and tourists will question whether to return to Australia after the pandemic | ...
Read more »

Value of Australian wine exports to China falls 96 per centValue of Australian wine exports to China falls 96 per centIn a speech, China’s top diplomat in Australia said “Whoever tied the knot is responsible for untying it”.
Read more »

Real estate agent wins appeal against 'unconscionable conduct' finding after buying pensioner's house below market valueReal estate agent wins appeal against 'unconscionable conduct' finding after buying pensioner's house below market valueAdelaide real estate agent Zane Pitt says he is 'very, very happy' after a court ruled that the pensioner he bought a house from for $175,000 did not have a 'special disadvantage' during the transaction. Mr Pitt's daughter subdivided and built two properties on the block, which went on to sell for a total of $765,000.
Read more »

If you're not a 'high value' tourist, some places don't want you any moreIf you're not a 'high value' tourist, some places don't want you any moreThe solution to overtourism is to stop so many tourists visiting, and the tourists the Kiwis' ideas target are those who don't have as much money to spend as others, writes bengroundwater travellerau travelbubble nztravel
Read more »

Value of Australian wine exports to China falls 96 per centValue of Australian wine exports to China falls 96 per centIn a speech, China’s top diplomat in Australia said “Whoever tied the knot is responsible for untying it”.
Read more »



Render Time: 2025-04-17 18:10:00