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The intensifying great power competition between the People’s Republic of China and the United States has meant the possibility of future war in the Indo-Pacific region has become a regular feature of Australia’s national discourse.
The problem was so chronic that earlier this month, 60 academics penned a letter to Australia’s main funding research agency, the Australian Research Council, saying the production of core China research in Australia is in crisis.
There is a prominent view in Australia that bilateral relations with China remain inherently “fragile.”
Treasury Wine Estates Ltd. referenced China’s plan in an exchange filing on Tuesday, adding that the final decision will be made in the “coming weeks.” The Ministry of Commerce in Beijing did not respond to a question about when they would release the report.
A pro-democracy blogger and spy novelist, Yang is an Australian citizen born in China who was working in New York before his arrest at Guangzhou airport in 2019.
Australian winemakers have shipped millions of bottles of wine to Hong Kong in a bet that China will soon lift tariffs on Australian imports and revive a trade worth hundreds of millions of dollars, according to industry figures and trade data.
Treasury Wine Estates is planning to reallocate a portion of its Penfolds Bin and Icon wines from other global markets to China once Beijing lifts crippling tariffs on Australian exports.