China Laps Up Australian Wine
China Laps Up Australian Wine
Oct 16, 2012 6
(WSJ) - Chinese buyers may be losing their taste for Australia’s mineral exports, but they sure are lapping up its wine.
Bottled-wine shipments to China rose almost by a quarter in value and more than 16% in volume in the year to September–consolidating the Asian nation’s position as top buyer of Australian exports priced above 7.50 Australian dollars a liter (US$7.70), government export agency Wine Australia said Tuesday.
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