Black Market Mooncakes

January 21, 2011

In September 2010, I wrote a post about China’s Mid-Autumn Festival, which is also the time of year for giving and eating mooncakes. At the time, I had no idea that Haagen-Dazs sold the most sought after modern version of this Chinese traditional treat.

However, recently my wife learned from a friend in China of the popularity of Haagen-Dazs and mentioned the mooncakes, so I did some “scooping” for this post.


Mooncake Mania for China’s September Holiday

Kai Ryssdal reported in September for American Public Media’s Marketplace that China’s mid-Autumn Festival and tradition of eating mooncakes has become an underground business possibly worth billions.

Marketplace’s Shanghai correspondent Rob Schmitz says mooncakes carry about a thousand calories and most of the cakes bought are gifts as a way to show respect to business partners and people you want to be close to.

Imagine the size of the market—more than a billion people, which explains why Starbucks, Nestle and Dairy Queen got into the business of selling mooncakes in China.


2009 Haagen-Dazs Chinese Mooncake Commercial

In fact, Haagen-Dazs sold 1.5 million boxes of mooncakes in 2009, and when these popular mooncakes cannot be found, buyers turn to black market, back-alley vendors, much like scalpers for popular US sporting and music events.

______________

Lloyd Lofthouse is the award-winning author of the concubine saga, My Splendid Concubine & Our Hart. When you love a Chinese woman, you marry her family and culture too.

If you want to subscribe to iLook China, there is a “Subscribe” button at the top of the screen in the menu bar.