100 Million People in China Can’t Afford Mooncakes; They Pile Up Unsold as Money Runs Out

100 Million People in China Can’t Afford Mooncakes; They Pile Up Unsold as Money Runs Out

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Mid-Autumn Festival is a traditional Chinese holiday, almost as important as Chinese New Year. Mooncakes, as a must-have item for the festival, should be flying off the shelves about a month before the holiday. But this year, the market is unusually quiet.

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