China Kweichow Moutai Sees 15% Output Boost in 2011 - ResearchInChina

Date:2011-08-17liuhongli  Text Size:

China Kweichow Moutai Distillery Co., the parent of Kweichow Moutai Co., the world’s second-largest listed distiller by market value, forecast a 15 percent increase in output this year as the country’s rising incomes boost alcohol demand. The company, which has a distribution partnership with French cognac maker Camus, says overseas sales of its 106-proof, sorghum-based spirit may grow at a 10 percent annual rate. Stephen Engle reports on Bloomberg Television's "InsideTrack." 

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