The world's most valuable distiller is running out of liquor

An employee moves bottles of Moutai baijiu at the Kweichow Moutai factory in the town of Maotai in Renhuai, Guizhou province, China, on Dec. 14,  Foto: Qilai Shen/Bloomberg

You know you're in Maotai when you smell it. The picturesque town of about 100,000 in southwestern China is home to the world's most valuable liquor company -- and the soy-sauce-like scent of the Chinese grain alcohol baijiu, made by the eponymous Kweichow Moutai Co., permeates the main street.

But inside the liquor stores along the road, the distiller's main brands are all sold out. Lines form wherever bottles are available. The buying frenzy -- and resulting inventory shortages -- extend nationwide...

Læs også