David Moir – WPA Pool/Getty ImagesChina’s Vice Premier Li Keqiang raises a glass of whisky before attending a state dinner at Edinburgh castle on January 9, 2011 in Edinburgh, Scotland.

Rémy Cointreau, the French high-end spirits group behind Rémy Martin cognac and Mount Gay rum, put out some disappointing numbers on Tuesday.

Sales dived by 9% in first quarter of its financial year, largely due to one big problem: A crackdown on corruption in China, which has led to plummeting sales in China for luxury brands and premium spirit makers.

Western whiskeys and luxury handbags had become a currency of influence in the world’s biggest Communist republic. But for the past two years, China’s President Xi Jinping has been cracking down on corruption in Chinese government and business, and a big part of that has been stopping the bribery of officials.

Shock waves from the anti-corruption crackdown are even being felt in the funeral business — Bloomberg reported last year that funeral arrangers were suffering a slowdown in business because government officials had stopped lavish spending on burials.

In fact, Rémy Cointreau’s figures aren’t that bad when you look at them in context. In April last year the company was forced to reduce full-year profit forecasts by 40% because of the collapse in Chinese sales.

Like most of the companies caught up in the anti-corruption crackdown, Rémy Cointreau is now taking evasive action to account for the slump. At the start of the year it launched a new “Strategic plan” to focus on ultra-premium brands pitched at billionaires to make up for slumping Chinese sales.

The refocusing has at least helped Rémy Cointreau grow revenue by 3.9% to €223.3 million (£155.4 million, $242.2 million) even if sales are falling.