A Cash-Strapped Corner of China Finds a Financial Tonic—Hard Liquor

The rise of China’s biggest liquor company, Kweichow Moutai, has been a gift for the indebted province that is the company’s majority shareholder. “There is a lot of pressure to share the joy in Guizhou,” says one analyst.

The Wall Street Journal | Dirección | Administración Pública |

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