In the long-fraught relationship between China and Australia, Beijing has lifted tariffs on Australian wine that have existed for years. From Friday, no countervailing duties will be levied on wine from Australia, the Chinese Ministry of Commerce announced on Thursday.
The reason given was “changes in the market situation for the wines in question in China”. The People’s Republic introduced tariffs on the key Australian agricultural product in 2021 after the government in Canberra called for an investigation into the origins of the coronavirus in China and banned Chinese technology group Huawei from building a 5G network in Australia. China also imposed measures on other Australian products, such as lobster.
This was preceded by a visit by Chinese Foreign Minister Wang Yi to Australia last week, during which the tariffs were discussed. This opens up one of the most important markets for Australian wine producers, earning them the equivalent of €645 million in 2019. Previously, wines from Australia sometimes had a surcharge of more than 200 percent. The industry lost a lot of money as a result and Beijing exerted pressure with tariff regulation.
Relations between Canberra and Beijing have long been very tense. Many of the controversial issues reinforced Chinese leaders’ view that Australia was helping the United States delay the rise of the People’s Republic.
There were signs of slight relaxation when China released journalist Cheng Lei. The Chinese-Australian worked for the Chinese foreign state broadcaster CGTN and was imprisoned for several years for allegedly revealing state secrets. Recently, the death sentence against writer Yang Hengjun, who also has an Australian passport, once again caused unrest in the relationship. The Chinese authorities found him guilty of espionage. The sentence could be commuted to life imprisonment.
Australia also relaxed economic measures targeting China. Before Wang’s visit, it was revealed that Canberra had dropped an anti-dumping measure against Chinese wind turbines. (saw/sda/awp/dpa)
Soource :Watson
I am Amelia James, a passionate journalist with a deep-rooted interest in current affairs. I have more than five years of experience in the media industry, working both as an author and editor for 24 Instant News. My main focus lies in international news, particularly regional conflicts and political issues around the world.
On the same day of the terrorist attack on the Krokus City Hall in Moscow,…
class="sc-cffd1e67-0 iQNQmc">1/4Residents of Tenerife have had enough of noisy and dirty tourists.It's too loud, the…
class="sc-cffd1e67-0 iQNQmc">1/7Packing his things in Munich in the summer: Thomas Tuchel.After just over a year,…
At least seven people have been killed and 57 injured in severe earthquakes in the…
The American space agency NASA would establish a uniform lunar time on behalf of the…
class="sc-cffd1e67-0 iQNQmc">1/8Bode Obwegeser was surprised by the earthquake while he was sleeping. “It was a…