How China is devastating Australia's billion-dollar wine industry
South Australian winemaker Jarrad White spent almost a decade building his business in China. By mid-2020, more than 96% of Jaressa Estate's wines were being sold to consumers in China, up to seven million bottles a year. But in November, Beijing announced crippling tariffs on Australian wine as part of an "anti-dumping investigation" into whether those wines were being sold too cheaply in China. The government said the probe was prompted by complaints from Chinese wine producers.
Source: cnn.com