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
For the first time in years, Kweichow Moutai, is slashing its production due to softening market demand.| Vino Joy News
The coffee jointly launched by Luckin Coffee and Kweichow Moutai has reportedly sold more than 5.42 million cups across Luckin's 10,000 strong stores on the first day of its launch on Monday.| Vino Joy News
Rumors of a possible alcohol ban within Chinese Communist Party and government organizations have sent liquor giant Kweichow Moutai's stocks briefly tumbling, just when the liquor company has overtaken Tencent as the country's most valuable firm.| Vino Joy News
Château Loudenne, the Cru Bourgeois estate in Haut Médoc owned by China’s liquor giant Kweichow Moutai, has now been sold to a French wine group after it was dogged by lawsuits and bankruptcy.| 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