Wuyishan Tag


Dahongpao, A New Chinese Tea Bubble?

“Since the middle of last year, the report says, prices of certain types of Da Hong Pao have increased tenfold. According to one expert interviewed by CCTV, the wholesale price for mid-range varieties of the tea has risen from between 200 and 400 yuan to around 4,000 yuan per kilogram, with retail prices reaching 20,000 yuan or more…