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The Price of Feitian Moutai Has Halved in Four Years; some Distributors Have Lost Hundreds of Thousands This Year.
Summary by 大纪元 Epoch Times
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China's economy is rapidly slowing down, and consumer spending is declining. Due to a sharp contraction in demand, Guizhou Moutai, China's leading liquor company, is experiencing a significant drop in performance. Over the past four years, the price of Feitian Moutai has been halved, and some distributors have revealed that they have already lost hundreds of thousands of yuan this year.
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