Asia is increasingly seen as one of the major global drivers of economic growth around the world. It is home to nearly half the world’s population - some 3.3 billion people, including China with nearly 1.4 billion and India with 1.1 billion.
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.