Australias Icey Relations With Beijing Appear To Be Thawing As China Has Launched A Review Into Tough Tariffs On Australian Wine Instigated In 2020

Australias icey relations with Beijing appear to be thawing as China has launched a review into tough tariffs on Australian wine instigated in 2020. Australian Prime Minister Anthony Albanese will visit China next month – the first time an Australian leader has visited China in seven years. There was tension between the two countries back in 2020 with Prime Minister Scott Morrison and his comments that triggered a backlash with Beijing imposing a range of sanctions and tariffs on Australian products. Albanese will meet Chinese President Xi in early November. Meantime China is reviewing the tariffs on wine, which is expected to take around five months. The two countries have suspended a dispute lodged with the World Trade Organisation over the issue. Australian wine exports dropped from $1.2 billion to just $8 million after Aussie wine was hit with tariffs of up to 175%.