Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
China Bans Brandy ? 
http://www.chinadaily.com.cn/business/2014-01/22/content_17249409.htm
"France's second-biggest distiller Remy Martin can no longer count on the Chinese New Year, usually the best time of the year for a sales boost, for a bonanza this Spring Festival because of the government's crackdown on extravagant spending."
Good one, "The campaign to promote morality in China is expected to continue to adversely affect the consumption of ultra-premium products" - because old brandy is every drunkard's booze of choice http://www.chinadaily.com.cn/business/2014-01/22/content_17249409.htm
"France's second-biggest distiller Remy Martin can no longer count on the Chinese New Year, usually the best time of the year for a sales boost, for a bonanza this Spring Festival because of the government's crackdown on extravagant spending."
It's talking about the government's purchases.
Well no, that not what is says , but whatever. Remy Martiin say it could mean 20% dip on their total annual sales.