Australian PM Morrison: There is no dumping of wine on China
In a daily press briefing, Australian Prime Minister (PM) Scott Morrison said that there is no dumping of wine on China.
On Tuesday, China’s Foreign Ministry said that the anti-dumping probe on the imports of Australian wine is a “normal” case opened after the government received an investigation application from the wine industry.
China’s Commerce Ministry announced on Tuesday, it had launched an anti-dumping investigation into imports of wine from Australia.
AUD/USD ranges below 0.7250
Amid a broadly subdued US dollar and mixed market mood, AUD/USD trades directionless below 0.7250, posting minor gains on a daily basis.
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