The price of Feitian Moutai — long considered the “gold standard” of China’s alcohol market — is feeling the chills of China's cooling business environment, as its price drops to a four year low.| Vino Joy News
Amid the slump, wine sales provided a rare bright spot. VATS liquor store said wine revenue rose 10.96% to RMB 246.7 million (US$34.5 million) in the first half. Read More The post VATS Liquor Store Hit by Baijiu Downturn, Wine Posts Double-Digit Growth appeared first on Vino Joy News.| Vino Joy News
In this Vino Joy News exclusive, voices from small‑town distributors to leading trade associations reveal how sales have plunged as civil servants ditch their drinks—here’s what’s really happening behind China’s sweeping alcohol ban.| Vino Joy News
At a recent Moutai shareholder meeting, the traditional banquet was replaced with a buffet, and the signature Feitian Moutai was swapped for blueberry juice.| Vino Joy News
