Overview
- Australian Prime Minister Anthony Albanese will visit Chinese President Xi Jinping in November, marking the first visit by an Australian leader to China since 2016.
- In a positive turn for Australia-China relations, Beijing has agreed to review tariffs it imposed on Australian wine in 2020 over a five-month period.
- China and Australia have agreed to suspend their dispute concerning wine at the World Trade Organization pending the outcome of this review.
- The re-opening of the Chinese wine market is predicted to be worth more than AUD 1 billion ($631 million) to Australian exporters.
- Albanese will also attend the China International Import Expo in Shanghai, in addition to other meetings with Chinese officials, conveying a strengthening of bilateral ties.