# Economic Downturn
Latest news and articles about Economic Downturn
Total: 2 articles found
Business
Hangover in Huzhou: The End of an Era for China’s Baijiu Giants
China's baijiu industry faced a historic downturn in 2025, with Kweichow Moutai recording its first dual decline in revenue and profit in 24 years. The sector is struggling with massive inventory backlogs, leadership reshuffles, and a fundamental shift in consumer demand that has led to the first-ever delisting of a baijiu company.
NeMo2026年5月19日 23:53
#Kweichow Moutai#Wuliangye#Baijiu Industry
Business
The Bursting of the Afterlife Bubble: China’s ‘Funeral Moutai’ Faces a Grim Reality
Fu Shou Yuan, China’s leading funeral services provider, is facing a severe financial crisis as burial plot prices and sales volumes collapse. The downturn reflects a significant cultural and economic shift as China's middle class moves away from extravagant traditional burials toward affordable and eco-friendly alternatives.
SoBiz2026年4月8日 06:58
#Fu Shou Yuan#Funeral Industry#China Real Estate