CNBC
What Chinese liquor maker Moutai's slump says about the country's economy
Tuesday, August 18, 2026
Kweichow Moutai reported a decline in net profit for the first half of 2026, marking the second consecutive period of profit decrease. The Chinese liquor maker's half-year financial report showed revenue and earnings fell compared to the same period in 2025. Moutai is one of China's largest spirits producers by market value.
Original reporting: https://www.cnbc.com/2026/08/19/china-economy-moutai-ai-property.html