DALIAN, China -- The price of China's top shelf baijiu liquor produced by Kweichow Moutai has dropped by more than 20% over the past several months, suggesting economic woes among the wealthy.
Food & Beverage
China's Moutai liquor bubble deflates alongside property slump
Weak demand for premium baijiu signals tighter purse strings among wealthy
Moutai, China's top brand of baijiu liquor, is seeing a slump in prices even in the run-up to holidays in September and October. (Photo by Kohei Fujimura)
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