Australian wine earns premium in the Chinese market
Chinese demand for quality wine has given the Australian industry a huge boost in 2016, according to the latest Rabobank report. In its Wine Quarterly report, the bank said Chinese imports of bottled Australian wine for the first six months of the year had risen 41 per cent from the same period in 2015 to 35.3 million litres. The value of Australian wine imports by China had risen 39.2 per cent to $353 million.