Ganbei! Demand For High-End Spirits Buoys Chinese Producers
Though they may privately fret about the potential effects of Beijing's current clampdown on public spending on high-end Chinese spirits at official banquets, home-grown liquor producers like Kweichow Moutai continued to record strong profits in the third quarter of the year.
Wuliangye and Moutai are two of China's top spirits brands.
Wuliangye and Moutai are two of China's top spirits brands.