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Published 23 days ago

China's economic downturn impacted high-end consumption, and Feitian Moutai prices plummeted

Summary by 大纪元 www.epochtimes.com

The Chinese economy continues to be sluggish, hitting the high-end white wine market. Recently, the price of Guizhou's Chidao wine plummeted day after day, and some traders said they had not seen such a sharp decline in 12 years. Recyclers said, "This was a plunge, not just because of the low season."

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大纪元 www.epochtimes.com

China's economic downturn impacted high-end consumption, and Feitian Moutai prices plummeted

The Chinese economy continues to be sluggish, hitting the high-end white wine market. Recently, the price of Guizhou's Chidao wine plummeted day after day, and some traders said they had not seen such a sharp decline in 12 years. Recyclers said, "This was a plunge, not just because of the low season."

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