China’s wine market ready to welcome likely return of Aussie wine as ties improve

News Snapshot:

[1/2] Wine bottles from around the world fill shelves in the cellar of Trio Wine Bar in Beijing, China November 1, 2023. REUTERS/Florence Lo Acquire Licensing Rights SHANGHAI, Nov 3 (Reuters) - News that punitive tariffs on Australian wine introduced by China in 2021 would be reviewed as part of a push to improve the relationship between the two countries was cheered by many, including Campbell Thompson. The Beijing-based Australian CEO of wine importer and distributor The Wine Republic has spent more than a decade making his living from bringing wine, much of it from Australia, into the China market....