Scenes from China’s Consumerist Revolution

A precarious economic outlook and efforts to stem officials’ conspicuous consumption have prompted fears for the health of China’s luxury market. Sales of prestigious Moutai liquor have indeed drooped, but Hermes and...

Ganbei: A Toast to Anti-Corruption

The Wall Street Journal’s China Real Time Report explains how the corruption of local CCP officials may be the culprit for the rapidly inflating price of China’s most famous spirit, Moutai: With inflation running...

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