Australia Says No Basis For Wine Dumping Move
"); jQuery("#212 h3").html("
"); });
2020-11-27 HKT 12:21
Share this story
Australia on Friday said it was "extremely disappointed" in China's decision to impose preliminary tariffs on Australian wine, further escalating diplomatic tensions between the two countries.
"Today's decision is a seriously concerning development and one which Australia will be vigorously fighting against," Australian Agriculture Minister David Littleproud said in a statement.
"The Australian Government categorically rejects any allegation that our wine producers are dumping product into China, and we continue to believe there is no basis or any evidence for these claims."
China earlier in the day said it would impose temporary anti-dumping measures on wine imported from Australia from November 28. (Reuters)
US Stocks Rise On Hopes Of Pause In Rate Increases
Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more
China's Financial Risks 'controllable': Regulators
The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more
Banks Cut Yuan Deposit Rates, Could Boost Consumption
China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more
Cheese And Wine Put EU, Australia Deal In Peril
Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more
US Stocks End Mixed As Tech Shares Are Sold Off
Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more
Amazon 'plans Prime Video Streaming Service With Ads'
Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more