News Snapshot:
BEIJING (BLOOMBERG, AFP) - China will impose anti-dumping duties of more than 100 per cent on Australian wine from this weekend, in the latest sign of deteriorating trade tensions between the two nations. The anti-dumping deposits will take effect Nov 28 (Saturday) and range from 107.1 per cent to 212.1 per cent, the Chinese Ministry of Commerce said in a statement Friday. The duties come just three months after China started an anti-dumping and anti-subsidy investigation into Australian wine, and follows a raft of other measures barring imports from coal to copper to barley this year. Australia's agriculture minister on...
