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China’s State Funds Ditch Kweichow Moutai as Growth Stalls
Summary by China Economic Review
3 Articles
3 Articles
China’s state funds ditch Kweichow Moutai as growth stalls
China’s state-backed funds are pulling out of Kweichow Moutai, reports the South China Morning Post. The move adds to the woes of the nation’s biggest baijiu liquor maker whose stock has lost more than 40% from its peak five years ago. Central Huijin Investment, a unit operated by China’s sovereign wealth fund, and China Securities Finance were no […]
Guizhou Moutai's offline self-operated system raised the price of Feitian Moutai twice in half a month, but the benefits of the two price adjustments were not passed on to distributors. Some distributors said that their stores mainly rely on repeat purchases from old customers to maintain basic operations.
·New York, United States
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Bias Distribution
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100% Center
C 100%
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