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Communist top tipple heads down market

November 22nd, 2013

The Chinese Communist party’s favourite drink, ultra-luxury baijiu, is heading downmarket to supermarket shelves and restaurants as a result of Beijing’s ban on top-end white spirits. The ban is part of the government’s anti-corruption campaign, which is hitting sales of luxury goods from watches to mooncakes.

via Communist top tipple heads down market – FT.com.




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