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Distillers of China’s most popular spirits, baijiu, are sobering up to a business slowdown and tight financing after a decade of outstanding growth.Sales are off and company market values have fallen over the past year, prompting some investors to cash in their bets on minor and big-name distillers alike.Industry leaders such as Tuopai Shede Wine Co., Kweichow Moutai Co. Ltd.,
A total of 20 cities in China have moved to cut their mortgage rates to as low as 4.4 percent as of Thursday, the lowest level set by the central bank on Sunday, according to an industry report.
In 2022, the global Sorbitol market is projected to expand at a CAGR of 2.9%. The growing use of Sorbitol in recycling processes across a variety of sectors is driving up market demand. As a...
April 2 marked the 30th anniversary of relations between Azerbaijan and China. This significant date is celebrated by two countries as both have achieved a lot of success, seen projects implemented and drawn up plans for the future.