On red alert Aug 21, 2020 (WiC 507)
“This could have serious ramifications for the [wine] industry”
Bruce Tyrell, managing director of Tyrell Wines, tells the Financial Times that potential Chinese tariffs on Australian wines are worrying because China is such a lucrative market for the nation’s vineyards (see In Numbers). Australian wine firms have faced accusations of ‘dumping’ from Beijing. Worsening relations had earlier seen Aussie barley exports hit with import duties and four of the country’s largest abattoirs banned from importing beef into China.
Politics and the pandemic Jul 31, 2020 (WiC 506)
“The comments are untrue and unacceptable and without any foundation, for that matter”
Tedros Adhanom Ghebreyesus on the claims made by US Secretary of State Mike Pompeo to UK politicians that the World Health Organisation head was “bought” by China. Tedros said he was focused “on saving lives” and that he wouldn’t be distracted by the allegations.
Change of heart Jul 24, 2020 (WiC 505)
“I would now advise any Mittelstand company to stay away from China”
Frank Klix, who used to represent the Panjin Economic Development Zone near Shengyang, tells The Economist he has grown frustrated at the lack of a level playing field for German firms wanting to do business in China.
Grim, but growing again Jul 17, 2020 (WiC 504)
“The situation at home and abroad is still grim, and we should prepare to continue to fight a hard war”
Premier Li Keqiang tells state radio that the economy had returned to growth and was recovering gradually. Li pledged to cut taxes and ramp up credit and other financial support for companies