Now, consumers can readily buy a cup of baijiu, plum liquor or boozy vanilla ice cream for 59 yuan (S$11), a far cry from the 2,500 yuan for a bottle of Flying Fairy, Moutai’s signature line.

Australia's wine industry has cheered news that China will drop anti-dumping tariffs, re-opening its market to imports, but the tougher economic conditions of 2024 are unlikely to deliver the ...

The wine duties were a sharp hit for the key Australian industry, with sales to China down 97% in 2021 from the previous year at a loss of nearly 1 billion Australian dollars in value and 90 ...

In March 2021, China imposed a five-year tariff of up to 218 percent for Australian wine sold in quantities of less than two liters. The punitive measures didn’t end there.

China will lift anti-dumping and anti-subsidy tariffs on Australian wine from March 29, the Chinese commerce ministry said on Thursday, ending three years of punitive levies and offering long ...