China's wine market ready to welcome likely return of Aussie wine as ties improve

The review of punitive tariffs on Australian wine by China has been welcomed by industry players, including Campbell Thompson, CEO of wine importer The Wine Republic. The introduction of a 218% tax on Australian wine caused the collapse of the trade, but the potential removal of tariffs presents an opportunity for Australia. However, Thompson does not expect an immediate bounce back in business. Chinese market perceptions of Australian wine have remained positive, and the return of Australian wine will provide more choices for consumers.