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80-year-old Moutai auctioned for US$300,000 in China

A bottle of 80 year old Moutai, made by Kweichow Moutai in 1940, has been auctioned off in China for a record RMB 1.97 million (US$294,345), more than twice its estimated price, at a recent Moutai-themed auction that brought in close to RMB 85 million (US$12.5 million)....

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