Have you heard of Moutai? It's a super popular Chinese alcohol, like a fancy whiskey! It's been a big part of China's economy for a long time, but lately, things aren't going so well. Sales are down, and that's worrying people.
- Fewer people are buying Moutai because the economy isn't doing great.
- The price of Moutai has dropped significantly.
- This is bad news for the Guizhou government, which relies on Moutai's profits.
| Fact | Number |
|---|---|
| Price drop of Moutai (2024) | 22% |
| Moutai's market value (peak) | $400 billion |
| Current Moutai bottle price (yuan) | 1699 |
