luxury gift sales for CNY down, what will happen to expensive tea?

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    • 2013.02.08 at 11:36 pm #8364
      tea soul
      Participant

      Xi Jin Ping requires government ppl cut luxury spending. News report this morning say luxurious big meals and expensive gifts sales very bad this year. Even cigarette and wine shops sales down. Will that affect price of expensive tea?

    • 2013.02.10 at 11:04 pm #9787
      Leo
      Participant

      This is a tough question. The real big issue is whether this is just another show or is the central government effective and really dedicated to eradicating extravagance and arrogance in the tens of millions of government officials throughout the totalitarian country. It is these people who have been constructing the intricate web that supports the Communists’ dictatorship and their own personal gains afterall. 

      I think extravagant products will slow down a bit and many other ways of money gabbling and self-importance will soon come up.
      As for the price of tea, my personal wish is that the crazy top prices will come down and cool the producers of wasting their crops in making teas of names and grades that are going to be wasted. I want to see normalization. The price structure is complicated enough with the rising costs in labour, fuel and rent. It really doesn’t need the dirty hands of manipulators and self-important big-spenders.
    • 2013.02.14 at 11:05 am #9752
      tea soul
      Participant

      U are right. Perhaps this year weather is more trouble for price. The warm-cold pattern is like three years ago. Perhaps production down price up like that. Not good. I also hear it will be more difficult to hire leaf pickers and salary will go up. Not good.

    • 2013.02.18 at 4:11 am #9703
      CHAWANG
      Participant

      i went a few shops in fujian. i think price is still like last year. dont know what price coming spring. perhaps almost the same and a little bit higher, like every year the past 10 years.

    • 2013.02.18 at 11:34 pm #9697
      Leo
      Participant

      Thx for info. Have you been to Anxi wholesale market?

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