Chinese ambassador says tariff discussions "on the right track"
Xiao Qian said that the relationship between Beijing and Canberra had “stopped free-falling and stopped deteriorating” since their depths four years ago.
Stay updated with breaking news from Tim Ford. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Xiao Qian said that the relationship between Beijing and Canberra had “stopped free-falling and stopped deteriorating” since their depths four years ago.
Australian wine-makers have shipped millions of bottles of wine to Hong Kong in a bet that China will soon lift tariffs.
Optimism is rising at Treasury Wine Estates despite muted first half results and a cut in dividend, as CEO Tim Ford says its American division will pick up pace.
With China expected to lift its crippling tariffs on Australian wine by the end of March, the CEO of Treasury Wine Estates is standing by to re-allocate Penfolds shipments away from other global markets.
(Bloomberg) -- Australia’s barley sales to China have soared since Beijing scrapped tariffs six months ago, highlighting the power of the huge market as the wine industry Down Under prepares for a possible end to its restrictions.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderWall Street’s Moelis Bet Big on the Middle East. Now He’s Cashing InGoldman Lifts S&P 500 Target With Profit Optimism t