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China’s Largest Liquor Maker Faces Record Losses
Summary by CTN News L Chiang Rai Times
1 Articles
1 Articles
China’s Largest Liquor Maker Faces Record Losses
BEIJING, China – Kweichow Moutai was once the undisputed king of the booming Chinese stock market. For many years, its luxury baijiu was a mandatory centerpiece at important business banquets and lavish weddings. Today, the legendary liquor maker is navigating a very harsh and unfamiliar financial reality. Consumer demand for premium spirits is plummeting, and […] The post China’s Largest Liquor Maker Faces Record Losses first appeared on Chiang…
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