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Event Brief

China baijiu boom town goes bust after austerity order

A town known for baijiu production faces economic decline due to Beijing's austerity measures.
WHO: Beijing
WHAT: austerity order impacting baijiu production
WHEN: Mar 28, 2026 at 9:00 PM ET
WHERE: China
WHY: Beijing's austerity measures
Sources (1): Nikkei Asia

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