BEIJING – Beijing announced Friday that wine producers in Australia will be subject to 107.1% to 212.1% “guarantee money” in order to sell to the Chinese market. This “anti-dumping measure,” as Chinese authorities put it, will take effect Saturday and is seen as Beijing’s latest punishment to Canberra in retaliation for Australia’s stance toward the Communist Party-run state. Australia is China’s second-largest supplier of wine, after France, according to Australian statistics. The two nations have a free trade agreement that took effect in December 2015 and eliminated the 14% to 20% tariffs on wine last year. Beijing’s behavior is “completely incompatible with the commitments that China has given through the China-Australia free trade agreement and through the World Trade Organization,” Australian trade officials warned. Meanwhile, some people around the world have decided to lend Australia a hand as it battles Beijing. Citizen wine diplomacy Edward Lucas, a London-based international affairs expert, launched a campaign on Twitter, encouraging people to buy Australian wine. If every one of my followers buys a bottle of #Australian wine for a week for the next year that will be 3.8m bottles. Let’s start now and show the Chinese party-state that the free world will not… Read full this story
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