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Laymao liquor has reserve price at 1 mln yuan

2012-01-05 14:03 Ecns.cn     Web Editor: Wang Haining comment

A 1940 "Laymao" with a starting price of one million yuan (USD 158,702) is on display among nearly 600 bottles of old Moutai liquor at a provincial auction house in southwestern China's Guizhou, January 4, 2012. Laymao is known as the "predecessor" of Moutai. [CNS Photo/Zhang Wei]

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