Having lived in China for over 15 years, I have had my share of banquets.
Usually not drinking alcohol, I noticed that my best deals were closed after dinners where Moutai, the famous Chinese liquor, generously flowed.
Not being able to hide true intentions, the willingness to let one go, instils faith with your business partners.
This article from Sixth Tone, dives deeper in this custom.
https://www.sixthtone.com/news/1017145
#China #SixthTone #Drinking #Business