Baijiu makers should brace for a 20% drop in profits, at least, as the Chinese Government’s corruption crackdown curbs corporate entertainment budgets, according to a new report.
CHINA: Crackdown to cut baijiu profits by one-fifth – survey
Baijiu makers should brace for a 20% drop in profits, at least, as the Chinese Government's corruption crackdown curbs corporate entertainment budgets, according to a new report.