China’s trade coercion tactics on ice as wine tariffs removed

News Snapshot:

China has done this many times before, but Australia is being lauded as an example in other sanction-hit countries like Japan, Korea and Taiwan of how to stand up to Beijing’s bullying. In Korea, for example, there is a huge amount of interest from government officials there in how the coercion campaign played out in Australia. Three years later and Beijing has rolled back most of the restrictions, which left the Australian economy broadly unscathed. The tariffs did certainly hurt many individual Australian exporters and companies, so it would be incorrect to say it was painless. But many exporters found...