Food news from another land: The Chinese garlic bubble

by Freda Moon, December 6, 2009

This story, from NPR's All Things Considered, about a Chinese "garlic bubble"  reads like a children's tale: Peasants in China's countryside fill their garages to overflowing with garlic.

With swine flu fears running high—and a firm belief in the healing powers of an ancient, medicinal plant—people began hoarding. They bought large amounts when the price was low and, later, when there was a shortage, they sold old high—reaping small fortunes from the pungent root. As a result, garlic is now more valuable than gold in China.

One Response to Food news from another land: The Chinese garlic bubble

  1. Robin Reply

    March 2, 2010 at 1:29 pm

    almost all the garlic we’ve seen throughout the caribbean this year has been from CHINA– surprise? and they’ve got the packaging down.

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