SHANGHAI -- Chinese stocks are teetering on the brink of a psychologically important level as they give up gains amid concerns about the outlook for consumer spending.
Equities
China's pricey Moutai liquor leads Shanghai stock market retreat
Shanghai shares near three-month low as luxury spending wanes
Baijiu distiller Kweichow Moutai is the top Shanghai-listed company in terms of market capitalization. © Reuters
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