Economics

China Finds Solace in Wine From Australia as Economic Slowdown Hits

Tour the Vineyard Behind Some of Australia’s Best Wines — Photographer: Carla Gottgens/Bloomberg

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By Angus Whitley

October 29, 2019 at 11:16 PM UTC

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Battling a trade war, an economic slowdown and months of protests in Hong Kong, China is turning to fine Australian wine.

The value of wine exports to China jumped 18% to a record A$1.25 billion ($858 million) for the year ended in September, Wine Australia said Wednesday.