Economics

SOUTH AUSTRALIA’S WINE INDUSTRY WILL BE HIT HARD BY CHINA IMPOSED TRADE SANCTIONS

SOUTH AUSTRALIA’S WINE INDUSTRY WILL BE HIT HARD BY CHINA IMPOSED TRADE SANCTIONS

China’s anti-dumping investigation into Australian wine exports will provide a substantial impact on South Australia’s export performance and more importantly our world class wine industry. South Australian wine exports to China make up around 30% of SA’s exports to China, and just under 10% of SA’s global exports. This threat of an anti-dumping finding against the Australian wine industry has vastly more impact on the South Australian economy than the previously announced restrictions on barley and beef.

BUILDING THE RELATIONSHIP IS THE KEY TO BUSINESS SUCCESS IN INDONESIA

BUILDING THE RELATIONSHIP IS THE KEY TO BUSINESS SUCCESS IN INDONESIA

Those experienced in conducting business in North Asia will tell you that relationship building is paramount to a successful business outcome. Relationship building in Asia is often in direct contrast to standard business practices expected in Anglo-Western cultures such as North America, Australia and the UK.  These business practices will effect the way negotiations are conducted, and so when you are negotiating in Asia it is important to consider the differences from your standard negotiation protocols.