BEIJING (REUTERS) - China's Ministry of Commerce said on Tuesday (Aug 18) it had begun an anti-dumping investigation into imports of wine from Australia, following a request from the China Alcoholic Drinks Association on behalf of the domestic industry last month.. Read more at straitstimes.com.
BEIJING - China's Ministry of Commerce said on Tuesday it had begun an anti-dumping investigation into imports of wine from Australia, following a request from the China Alcoholic Drinks Association on behalf of the domestic industry last month.
Shares of Australia's Treasury Wine Estates, maker of the Penfolds label, fell 14 per cent in morning trading on Tuesday. The probe comes against the backdrop of increasing tensions between the two countries after Canberra called for an international enquiry into the origins of the novel coronavirus.
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