Wall Street Journal (June 6)
2012/ 06/ 09 by jd in Global News
“To the Chinese stock market and property bubbles, now add the whisky bubble.” Scotch is “the tipple of choice for the ultra-wealthy class” in China. In many ways this bubble mirrors Japan’s similar bubble of the 1970s and 1980s. Spirit makers are being cautioned they might be left with a hangover if the bubble bursts.“To the Chinese stock market and property bubbles, now add the whisky bubble.” Scotch is “the tipple of choice for the ultra-wealthy class” in China. In many ways this bubble mirrors Japan’s similar bubble of the 1970s and 1980s. Spirit makers are being cautioned they might be left with a hangover if the bubble bursts.
