White liquor makers face profit squeeze
By Hu Yuanyuan | China Daily | Updated: 2009-07-31 08:00
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A saleswoman arranging bottles of white liquor at an exhibition in Beijing recently. The government has changed the tax base and duties on white liquor to tackle tax evasion. CFP |
The government's decision to rework the alcohol taxation policy may lead to prices of white liquor going up in the next few months, according to industry analysts.
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