CulinaryDelights' Weblog

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Posts Tagged ‘business’

A County in China Sees Its Fortunes in Tea Leaves Until a Bubble Bursts

Posted by culinarydelightsgb on January 22, 2009

An article written in the NY Times January 16, 2009 speaks about the collapse of southwest China’s Pu’er tea market.

Visit article here.

Tea factory in Menghai County

Tea factory in Menghai County

Pu’er is an fermented tea touted as having the ability to reduce cholesterol and cure hangovers, as well as having a number of other health benefits. From 1999 to 2007, its price increased tenfold befold sinking well below its pre-boom numbers. It has been a lesson in gullibility, greed and the risks of speculative trading. A group of manipulative tea buyers and connoisseurs took over the market and drove the prices to astronomical levels, sometimes paying up to 30% more for the “drinkable gold” than in the previous year. When the stock values hit record levels last spring, the buyers unloaded them, took the money and disappeared.

Menghai County farmers were among the worst hit by this crash, many having never experienced the level of success and prosperity available in other cities in China. They built new homes, equipped with t.v.s and refrigerators; and sent their children away to good schools. They bought cars and designer-label clothes.

Chen Li, a trader who jumped into the business three years ago, now survives by offsetting his losses with profits from a restaurant his family owns in Alabama. He does remain one of the few optimists in town. He’s confident that Pu’er’s prices will eventually rebound now that so many farmers have stopped picking.  And the mounds of unsold tea that nearly engulf him?

“The best thing about Pu’er,” he said with a showman’s smile, “is that the longer you keep it, the more valuable it gets.”

Do you share Mr. Chen’s optimism?

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Posted in beverages, business, culture, entrepreneur, food, tea | Tagged: , , , , , , | Leave a Comment »

Food-related Business Ideas

Posted by culinarydelightsgb on August 19, 2008

I have a bit of a dilema, and I could use some help.
I love food  Grin  I’ve gone to school for the Culinary Arts and have worked in the field for a few years. I currently own a gourmet gift business. I love my business, however, recently I’ve been feeling a bit unfulfilled.
I Love Baking! I Love Cooking! I love seeing the joy and satisfaction on people’s faces as they enjoy what I’ve created. That’s when I feel fully expressed and self-actualized. Unfortunately it’s hard to establish a food-related business in the State of Florida (lots of hoops and red tape and money 😦 ).
Does anyone have any ideas regarding food businesses I could look into? I don’t have a lot of resources to invest in starting something big like a restaurant, but, I welcome all suggestions.

Thanks so much. Look forward to hearing from you.

Posted in baking, cooking, food, foodie, Uncategorized | Tagged: , , , , , , | 4 Comments »

The Foodie Blogroll – A Great Find

Posted by culinarydelightsgb on July 8, 2008

I came across a link to this blogroll on another food fan’s site. As described on the website, “The Foodie Blogroll is the first of its kind and is one of the fastest growing online communities for foodbloggers. With over 1500 members spanning the globe in less than a year, there is a reason for its popularity. It is the first blogroll created just for foodies like you by a foodie like you. When I started my food blog, I went looking for a blogroll for food and cooking related websites and there were none to be found. So I decided to create my own! This is all about building the best community online for foodbloggers! Imagine what being exposed on over 1500 blogs about food would do for your traffic.”

I was thoroughly impressed with the number and quality of blogs listed and decided to join.

The address for the blogroll is http://www.foodieblogroll.com/ If you’ve been in the food industry for years, or you just love learning about food, check it out. Let me know what you think!  🙂

Posted in Blogroll, cooking, foodie, recipes | Tagged: , , , , , | 2 Comments »