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Chinese high-end liquor sellers take a hit
date:Aug 02, 2013
liquor brands have now shown strong interests in Wuliangye's new products, Xie said.

But he added the evolution is far from over. After the tumult of contraction, stability in the market is only the first step. Dealing with overcapacity will be a major challenge, he added. For example, he said, there are about 2,000 liquor manufacturers nationwide. A number of small liquor producers are very likely to disappear.

07/02 12:39