DALIAN, China -- Kweichow Moutai, a Guizhou-based distiller of baijiu Chinese-style liquor is wrestling with falling demand for resale of its high-end product.
Kweichow Moutai, whose market cap once topped Toyota's, loses top spot in China

According to a China-based research specialist Hurun Research Institute, Kweichow Moutai ranked as China's most valuable brand for six straight years through 2023. (Photo by Kohei Fujimura)
DALIAN, China -- Kweichow Moutai, a Guizhou-based distiller of baijiu Chinese-style liquor is wrestling with falling demand for resale of its high-end product.