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Chinese liquor producers feel hangover

By Xie Yu in Shanghai | China Daily | Updated: 2013-07-18 05:44

Chinese liquor producers feel hangover

A customer shops for Chinese liquor at a supermarket in Yichang, Hubei province. Sales have plunged since last year, after the central government vowed to crack down on lavish liquor-fueled banquets. Provided to China Daily

Chill winds are sweeping the Chinese liquor (baijiu) industry, and competition in the low and middle ranks of the market will persist as the government continues a crackdown on luxury official banquets, analysts said.

Chinese liquor producers feel hangover

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