Canada's golden crop boom devastated by main HK buyer
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Hong Kong
PETER VanBerlo has C$2.5 million (S$2.67 million) worth of premium North American ginseng in 546 plastic-wrapped boxes, just waiting to be shipped to China. And waiting, and waiting.
His September harvest of the beige, gnarled roots (popular in China for their purported health benefits) is stalled because the biggest buyer - a company in Hong Kong - spectacularly melted down in January, leaving farmers like Mr VanBerlo in limbo.
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