Awarded second prize at an international exposition of liquors and wines in Panama in 1919, Maotai has become the traditional drink for making toasts at Chinese banquets. Maotai is a small fishing ...
In the Chinese village of Maotai, the local firewater named after the town is not only a key source of income, it's a barometer of the country's battered consumer market and the economic misfortunes ...
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China's economy is causing a hangover for spirits giantsMaotai is "hard currency." Many people store the bottles for years as an investment, in order to sell them later at a profit. But some Chinese people don't even drink the liquor. And the fact that ...
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