China doubles down on Australia trade dispute with further probe into wine subsidies

China has escalated further its trade dispute with Australia by initiating a second investigation into Australian wines in less than a month, this time focusing on subsidised products.The Chinese Ministry of Commerce (Mofcom) said it will initiate an investigation into whether to levy countervailing duties against Australian wines for the alleged subsidies they enjoy after receiving a formal complaint from the Wine Industry Association of China on behalf of the domestic wine industry last month…

from South China Morning Post https://www.scmp.com/economy/china-economy/article/3099497/china-doubles-down-australia-trade-dispute-further-probe-wine