China to impose non permanent anti-subsidy prices on Australian wine imports

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China to impose non permanent anti-subsidy prices on Australian wine imports

Adds Australia commerce minister remark, background BEIJING


Adds Australia commerce minister remark, background

BEIJING/SYDNEY, Dec 10 (Reuters)China will briefly impose anti-subsidy charges on some Australian wine imports from Dec. 11, the commerce ministry stated on Thursday, ramping up strain on the trade amid rising Australia-China political tensions.

Import operators bringing in wine being investigated to find out whether or not it has benefited from Australian subsidies might want to pay deposits to China’s customs authority, in keeping with the assertion.

Australia was conscious of the choice, commerce minister Simon Birmingham’s workplace stated, however declined to make any additional remark to Reuters after China’s announcement.

China in August launched an investigation into Australian wine subsidy schemes upon a request from the China Wine Business Affiliation. Final month, it begun imposing anti-dumping tariffs of 107.1% to 212.1% on wine imported from Australia after a separate anti-dumping probe.

The anti-subsidy deposits will likely be added to these tariffs.

Canberra, nonetheless, views China’s strikes towards Australian wine as a part of a sample of punitive commerce measures since Australia known as for an impartial inquiry into the origins of the novel coronavirus pandemic.

This yr China has imposed tariffs on Australian barley and suspended meat imports, and Chinese language importers had been instructed to count on customs delays throughout seven classes of Australian merchandise from coal to seafood from November.

(Reporting by Shivani Singh and Colin Qian in Beijing, Brenda Goh in Shanghai and Kirsty Needham in Sydney; Enhancing by Tom Hogue and Kenneth Maxwell)

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