Here’s a radical thought. As we enter March, the month that everyone seems to expect the Chinese government to ease back on the tariffs imposed on Australian wine, here’s an alternative possibility. Suppose China has no intent to do this at all, but is instead prepared to turn a blind eye towards ‘grey imports’ from duty-free Hong Kong? That would save face, and might perhaps explain the current level of Australian wine exports to the 7.5 million citizens of Hong Kong, currently worth $275 million…
Maybe, in effect, the China tariffs have already been eased?




