Caixin
Dec 03, 2020 06:44 PM
BUSINESS & TECH

Temporary Levies on Australian Wines Could Last as Long as Nine Months, Commerce Ministry Says

What’s new: China will maintain its temporary anti-dumping tariffs on Australian wines for up to four months, and could extend them to nine months “in special circumstances,” the commerce ministry said during an online press conference Thursday.

“The investigation committee will continue looking into the anti-dumping case through lawful procedures,” spokesperson Gao Feng said, “and make a final ruling based on the results.”

What’s the background: China’s commerce ministry announced preliminary anti-dumping duties on Australian bottled wine imports, ranging from 107% to 212%, in a statement last Friday. The duties went into effect the following day, Nov 28.

China has accused Australian producers of selling wines for less than the cost of production, harming Chinese winemakers. Geopolitical tensions have intensified between the two countries after Australia called for an investigation into the origin of Covid-19 and the original epicenter of Wuhan.

The Australian government has objected to the recent tariffs and is considering taking its complaints to the World Trade Organization, the trade and finance minister Simon Birmingham told Australian Broadcasting Corporation last Sunday.

Contact reporter Anniek Bao (yunxinbao@caixin.com) and editor Marcus Ryder (marcusryder@caixin.com)

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