Rebuilding wine sales in China to take time: minister


Source: afr.com afr.com
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China's removal of punishing tariffs on Australian wine imports will be celebrated with the popping of corks over the Easter weekend but rebuilding the $1.1 billion trade will take time, said Assistant Trade Minister Tim Ayres. The Chinese Ministry of Commerce announced late on Thursday it was "no longer necessary" to impose sanctions on Australian wine imports. They were imposed by Beijing at the height of diplomatic tensions in 2020. The decision removes one of the last major sanctions on $20 billion worth of Australian exports, with restrictions remaining on lobster and beef. "There is an enormous appetite for high…