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…
We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.
