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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.

Ganbei! Demand For High-End Spirits Buoys Chinese Producers
Wuliangye and Moutai are two of China's top spirits brands.

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