Australian wine exports grow with demand from China
Australia’s wine exports have grown to $2.1 billion annually, and the average price paid for wine grapes has grown by 14 per cent to $526 per tonne. This has been attributed to massive surge in demand from China according to wine critic James Halliday in a recent interview with ABC news. He said: “It’s all being pulled by enormous demand from China. It takes more than 50 per cent of our highest-priced wines, and that’s where we really want to be.”