China’s Saddest Golden Week: Mooncake Sellers Collapse, No Buyers Even for 10¢, Cakes Thrown Away
China’s Saddest Golden Week: Mooncake Sellers Collapse, No Buyers Even for 10¢, Cakes Thrown Away
Udumbara
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One of China's most important traditional holidays, the Mid-Autumn Festival, has just passed, and the price of mooncakes has plummeted. Reports from the mooncake market state that "mooncakes that were priced at 16 yuan on the festival day are now sold for just 1 yuan the next, and within a day, even 1 yuan is too much to sell them.
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