China two investigate further into Aussie wine imports

In another blow to Australia's wine export sector, China has confirmed it is launching an investigation into alleged subsidies. According to China's Commerce Ministry, Australian bottled wine in containers of 2 litres or less will face a one-year countervailing-duties investigation. It comes a fortnight after China's Government launched a separate anti-dumping investigation that caused the share price of Australia's largest wine exporter "Treasury Wine Estates" to plunge and fall. China is Australia's most lucrative export market worth $1.3 billion last year.