Bottle of alcohol priced at $46,000
Updated: 2011-08-19 17:27
By Cai Xiao (chinadaily.com.cn)
|
|||||||||||
A gold-encrusted bottle of Wuliangye liquor is being sold at 298,000 yuan ($46,600), National Business Daily reported.
The expensive bottle, produced by Wuliangye Group Co Ltd, is sold at a high-end supermarket, Olé, in Guangzhou, Guangdong province. The gold of the bottle weighs 180 grams and is worth at least 72,000 yuan, the paper reported.
Experts say that the bottle is overpriced and the value of the actual liquor is uncertain.
Liang Guoxing, chairman of Silver Base Group Holdings Ltd, a leading operator of alcoholic beverages and a major distributer of Wuliangye, said the wholesale price of the golden Wuliangye went for 138,000 yuan per bottle.
Related Stories
Chinese liquor maker Wuliangye's 2010 net profit up 33.91% 2011-03-03 15:04
Liquor prices soar on high year-end demand 2010-12-15 10:20
Liquor prices soar on high year-end demand 2010-12-15 10:20
Wuliangye tops liquor brand value list 2010-11-22 13:20
- China pledges no economic hard-landing
- Incubating a biotech future for tomorrow
- New home front opens up in divorce
- China Mobile talking to Apple on iPhones
- Program to facilitate SMEs's financing
- Shuanghui H1 net profit plunges
- Experts urge China to trim US T-bond holdings
- Coke to invest $4b in China
