Business / Liquor industry

Wuliangye liquor auctioned for $155,687 in E China

By Lu Yanyu (chinadaily.com.cn) Updated: 2012-01-03 12:57

Wuliangye liquor auctioned for $155,687 in E China

A bottle of Wuliangye brewed in the 1960s is sold at 980,000 yuan ($155,687) at a liquor auction fair in Hangzhou, East China's Zhejiang province on Jan 2, 2012. While Moutai, another famous liquor brand in China, gained a lower hand, with a bottle packaged in clay pottery produced in late 1950s sold at 38,000 yuan ($60,368). The same type of Moutai was auctioned for 1,450,000 yuan ($230,353) in the same fair last year. [Photo/CFP]

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