China said on Tuesday it has begun an anti-dumping probe into imports of Australian wine in a move that will likely worsen tensions between the two countries and knocked a fifth off the market value of Australia’s biggest winemaker. The investigation by China’s Ministry of Commerce (MOFCOM) will look at imports of wine from Australia in containers holding two litres or less in 2019, the ministry said in a statement. It would also examine any damage to the Chinese wine industry from 2015-19. …read more
Source:: Yahoo Finance
