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China's Ministry of Commerce announced a 12-month anti-dumping investigation into wine from Australia after China banned beef imports from the country and added extra tariffs to barley imports.

The investigation, which may be extended for a further 6 months, is targeting wines from Australia in containers holding 2 liters or less, according to a statement published by the Ministry's Website on Tuesday.

The move may further strain the bilateral relationship, as Australia's Prime Minister Morrison has openly called for an independent investigation into the origin of the Covid-19 and excluded Huawei from its telecoms systems, while Beijing banned beef imports from 4 meat processing factories and is accessing an "anti-subsidy" tariff of 80.5% on Australian barley.

China has yet made any move on other commodities including iron ore which is essential to China's steel industry.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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