In March, Kweichow Moutai became the world’s most valuable liquor company, and in June it became China’s most valuable stock. Though many outside of China may not have heard of it, this largely state-owned Chinese company’s main product is a liquor called baijiu, a white spirit distilled from sorghum.
How and why did Kweichow Moutai become so valuable? This week we introduce readers to Kweichow Moutai and explain some of the reasons behind its rise.
Moutai is one of China
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