China Liquor Giant Moutai Sees Profit Gain Despite Virus Lockdowns
An employee inspects bottles of Moutai baijiu at the Kweichow Moutai Co. (Photographer: Qilai Shen/Bloomberg)

China Liquor Giant Moutai Sees Profit Gain Despite Virus Lockdowns

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(Bloomberg) -- Liquor giant Kweichow Moutai Co.’s buoyant first quarter earnings is the latest sign that China’s demand for luxury goods is resilient, a relief for global brands dependent on the As...