Australian wine faces duties of up 218.5 per cent as China says subsidies caused ‘substantial damage’ to domestic industry

HONG KONG, Dec 13 (SCMP): Australian wine now faces total temporary duties of up to 218.5 per cent after the Chinese Ministry of Commerce imposed temporary countervailing duties on Australian wine on top of provisional anti-dumping duties announced two weeks ago.

On Thursday, the ministry said it would impose countervailing or anti-subsidy duties ranging from 6.3 to 6.4 per cent on Australian wine exporters, saying that subsidised Australian wines have hurt China’s domestic wine industry.