Australia ‘hopeful’ on China wine breakthrough as deadline nears

Australian Prime Minister Anthony Albanese said on Tuesday he remained "very hopeful of a breakthrough" in a trade dispute with China over wine tariffs, as a deadline for the publication of a World Trade Organization ruling nears. The complaint over China's tariffs on Australian wine, which halted a billion-dollar export trade, was lodged at the World Trade Organization (WTO) by Australia in 2021, with a dispute panel extending its investigation a year ago.