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China-Australia relations: plunging wine exports don’t ‘spell doom and gloom’, but new markets crucial

Summary:
[unable to retrieve full-text content]Only 60 per cent of Australia’s lost wine exports to China will be redirected to existing markets by 2025 unless Australia expends more effort into finding new markets, new research has shown.And the potential losses by then could be in the billions.Australian exporters will need to brace for the end of the bottled-wine trade with China as further modelling from Australia’s agricultural research arm, the Australian Bureau of Agricultural and Resource Economics and Sciences (Abares) indicates…

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[unable to retrieve full-text content]
Only 60 per cent of Australia’s lost wine exports to China will be redirected to existing markets by 2025 unless Australia expends more effort into finding new markets, new research has shown.And the potential losses by then could be in the billions.Australian exporters will need to brace for the end of the bottled-wine trade with China as further modelling from Australia’s agricultural research arm, the Australian Bureau of Agricultural and Resource Economics and Sciences (Abares) indicates…

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