Dukang

Dukang: Counter has been declining since an article was posted on 19 Jul, with relation to Baijiu producers have resorted to aggressive discounting in China to maintain sales volumes as consumers switch to beer and wine over the summer months. A retailer from He Ping district believes that the reason for the downturn in the Baijiu industry is more than just seasonal consumption patterns and cites other factors, such as a ban on buying luxury goods among government officials, and the negative press surrounding vintage Baijiu – a term that has been abused in China due to the lack of laws governing the use of the term on Baiju labels. However, even though Baijiu will see some recovery in its prices, it is unlikely to surpass the hefty price tag of its yesteryears.