What I feel is that this trade dispute will last for a long time, because Aus will never bow down to the Chinese because of security risk and the Chinese will not back out because they have already started on an expedition to dominate the world and take over the dominance of the US. Just see everytime the Chinese diplomats take good view on Aus they will slap another trade hindrance. I have heard from some of the big brands in Aus had already shifted their manu to India and I think that this issue does not have a solution in the short term.
The only option is find a new market because wine is not an essential commodity and the Chinese can live without it...DYOR
TWE Price at posting:
$9.23 Sentiment: Sell Disclosure: Not Held
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