Cherry blossoms are an inexpensive and colorful color and a popular ingredient in traditional Chinese medicine.
But many people, especially those who are older, can’t afford to purchase them, and so the consignments are often sold to collectors.
Consignment shops, or 企用路经, are common in China, where most Chinese people have been unable to afford to buy their own produce.
A common practice in China is to purchase the goods in bulk from consignment shops that have been designated as such by the government, said Shuo Xinghong, a professor of commerce at Peking University.
“It’s more common for people to buy cherry blossoms because they’re cheap,” he said.
China’s cherry blossoming season is typically the third or fourth week of March.
In the past, when the bloom was plentiful, it was often sold for a much higher price, said Xiaoguang Liu, an economist at Beijing Agricultural University.
This time around, the price is lower because the harvest is slower and the flowers tend to be less attractive, Liu said.
Consignment sellers are required to post prices for the flowers and the fruit in their stores on their websites, which can make it difficult to accurately track prices, Liu added.
But a few weeks ago, 中国广货江距, or Consignments Department, announced that they would start posting prices for cherry blossomes on its website.
The prices are based on the number of flowers and fruits and their average price of $8 per flower and $15 per fruit, according to the website.
A number of consignment sellers have offered to help collect cherry blossums for sale, including a Shanghai-based online auction site.
But they do not offer to sell the flowers or the fruit at their own stores, according for example to an article published by the China Daily newspaper.
For example, 九群高山國跑城期, or a Hong Kong-based auction site, offered to buy up to 60 cherry blossum bundles of 50 to 60 yuan ($1 to $2.50) at prices ranging from about $5 to $7, according the newspaper.
The seller said the flowers were in good condition and that the price was correct.
The seller, who asked not to be named because they are not allowed to sell items that are considered sensitive by the Chinese government, declined to provide an estimate for the number or the exact value of the flowers.
But, he said, he was willing to sell them for $2 to $4, depending on the size of the bundle and the quality of the flower.
When the Hong Kong buyer asked to buy a bundle of 10 cherry blossas for $15, the seller said, “If you want to buy more than 10, you can,” and the buyer would pay the additional price of a bundle for each flower, according 习義高汱的跚肌二, a blog on the China Online Auctioning site.
There are a number of online auction sites in China that offer similar pricing to the one listed on the Hongkong site.
Many consignment items have gone missing from consigners’ consignment stores, or have been confiscated, the article said.
Many consignors who are unable to sell are left with large debts and can be vulnerable to extortion attempts.
Some consignment buyers have complained to government authorities about the lack of compensation, and some have filed criminal cases against consignment traders.
Liu said that some consignment agents who have worked in the past have been accused of running scams or even being involved in theft.
Several consignment auctions have already been held in recent months, including in Shanghai and Shenzhen, according a report by China Daily, which also reported that at least 15 consignment vendors had been arrested in recent weeks.
This year, the authorities are also cracking down on consignment sites that allow foreigners to purchase cherry blossamas.
Officials have issued a number, including the order to shut down more than 80 consignment websites in January and to shut the website of the Hong-Kong consignment vendor that was recently shut down.
On Friday, the Guangdong government ordered a crackdown on the website and other consignment-related sites.
The Guangdawan provincial government has also asked the People’s Bank of China to restrict the use of foreign exchange for purchases and exchange services.
Chinese authorities have also said they are taking steps to crack down on counterfeit goods and have banned imports of foreign goods, including luxury goods and electronics.
Last year, in response to growing concerns about counterfeit goods, the government started issuing warnings on the Internet about