Wine Stocks Well Positioned to Reclaim the Lost Chinese Pie

When China's government officially abolished heavy tariffs on Australian wine, it was thought that Australian Wine Stocks would immediately resurge. Though stirring some hopes, dreams were short lived.?

The Australian wine exports, which had nosedived following imposition of heavy tariffs by Chinese government, had created significant gap in the Chinese market. The gap no longer exists, filled quickly by other suppliers, prominently from France, followed by Chile. To add to the woes, Chinese Wine Stock Market shrunk significantly.

But not everything is lost. Good ASX Wine Stocks are hoping that brand loyalty among Chinese consumers and savvy marketing will be enough to restore their share of a once again growing market.

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