MURRUMBATEMAN (Reuters) - From a picturesque hill overlooking the hazy distant foothills of Australia's eastern ranges, Bruce March can see a crisis facing the country's A$2.4 billion (£1.1 billion) wine export industry with crushing clarity.
March, chief winemaker at Doonkuna Winery, in prize cool climate vine country north of Canberra, had been looking forward to a bumper 2009 harvest, tripling production capacity last year in anticipation of rocketing China demand for his wine.
But the global financial crisis has exploded that interest, bringing with it a soul-searching for Australia's vignerons, ironically when good rains and a late summer are set to bring one of the best harvests for years.
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