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Tag Archives: Jing Fang

• China could benefit if Diageo becomes trading partner

Scotland has Scotch and China has white liquor. Baijiu, a clear drink that is 50 percent alcohol, is China‚Äôs national pride. The sector has been largely off limits to foreign investors, but Diageo, the British distiller, wants to pop it open with a $1.1 billion bid for Shui Jing Fang, a liquor producer. China can […]