<p>The liquor industry is expected to be reborn during the current Kondratiev wave downturn, mainly benefiting from the Federal Reserve's potential implementation of quantitative easing (QE) in 2026. This policy will lead to increased dollar liquidity, which in turn will prompt the People's Bank of China to also adopt QE measures to repair the balance sheets of the real economy. It is anticipated that the liquor industry will usher in a new cycle, with the rebound possibly exceeding the recovery after the pandemic in 2022</p>

- The article discusses the interconnection between rising commodities and the Chinese liquor market, predicting that the Federal Reserve's possible QE in 2026 could enhance US dollar liquidity.  
- If the Fed initiates QE, it is anticipated that the People's Bank of China will follow with its own debt monetization, potentially revitalizing the Chinese economy and initiating a new cycle for liquor.  
- This scenario could lead to significant investment opportunities in commodities and the liquor industry, with a notable rebound expected in the liquor sector surpassing previous recovery phases.

Baijiu, reborn in the Kondratiev wave