HIGHER REACHES ANSWERS: Targeted in crackdown, Moutai liquor is once again the toast of the town [November 7, 2017]

HIGHER REACHES ANSWERS: Targeted in crackdown, Moutai liquor is once again the toast of the town [November 7, 2017]

1. costly / expensive

2. (i) distributors have no stocks 

(ii) the share price keeps climbing

3. (i) NG

(ii) T

(iii) F

4. (i) unseated

(ii) toast

(iii) lavish

5. Political leaders use Moutai to entertain leaders of other countries.

6. “Those who drink Moutai never have to buy it, and those who buy Moutai never have the chance to enjoy it.”

7. Sales were almost stagnant in 2014 as a result of President Xi’s order to curb excessive public spending and corruption.

8. lubricate

9. boom

10. any two

(i) they were disqualified from buying property in major cities

(ii) they lost money investing in stocks

(iii) they couldn't legally move their money abroad

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