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Ebbing demand for Maotai, China’s favourite baijiu, adds to debt concerns

SCMP LogoSCMP8h ago

Ebbing demand for Maotai, China’s favourite baijiu, adds to debt concerns - SCMP

Quick Summary:

A persistent slump in sentiment has taken the wind out of Kweichow Moutai’s share price and the price of its preemium spirit known as baijiu.

Long considered a bellwether of Chinese consumer demand, its retail performance has been squeezed in recent years by wider deflationary pressures.

This year, those crowds were notably smaller.

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Ebbing demand for Maotai, China’s favourite baijiu, adds to debt concerns - SCMP (Picture 1)

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Article Details

Author / Journalist: Reuters

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-03 @ 14:49:43 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 244 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 26612861

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 15 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 2 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

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The story "Ebbing demand for Maotai, China’s favourite baijiu, adds to debt concerns" has 244 words across 10 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Ebbing demand for Maotai, China’s favourite baijiu, adds to debt concerns" was covered 8 hours ago by SCMP, a news publisher based in Hong Kong.

How trustworthy is 'SCMP' news outlet?

SCMP is a fully independent (privately-owned) news outlet established in 1903 that covers mostly business news.

The outlet is headquartered in Hong Kong and publishes an average of 15 news stories per day.

It's most recent story was published 2 hours ago.

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  • News ID: #26612861
  • URL: https://beamstart.com/news/ebbing-demand-for-maotai-chinas-17409846895910

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