A Shenzen business man paid 400,000 Yuan (that’s about 50,000 USD) for 499 grams of authentic Yunnan Pu Ehr Tea, giving rise to something that has yet to be seen since the Tulip bubble, except that Tea lasts a lot longer (but it is still ridiculous). In a province like Yunnan that is an enormous amount given that annual pay could be something like only several thousand Yuan, particularly farmers in the country side.

The Tea bubble speculation however is only felt inside China, causing Western buyers to not drink to buy this sort of tea because it’s, unsurprisingly, more expensive than a 1982 Chateaux Margeaux or whatever other expensive Wine that exists (that’s assuming you pour hot water onto the Tea and serve it, litre by litre it’s probably more expensive still!). I also doubt whether Pu Ehr tea will appreciate in value, as Tea will rot eventually and perish just like normal food items.

This is quite a dangerous development as it could hurt an overal Tea industry which would be focused more on speculation than the drinking of it, there is nothing wrong with expensive Tea but this is crazy!

I read this on the SCMP a few days ago, the article title was:

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