How A Slump In China's Mooncake Industry Represents The Country's Economic Change

People in China celebrated the Mid-Autumn Festival on Monday as they do every year, by lighting sticks of incense, carrying brightly lit lanterns, and eating mooncakes. A thick pastry about the size and shape of a hockey puck, mooncakes are ubiquitous in China at this time every year, displayed in shops across the country. Mooncakes are more than just a snack; those with elaborate packaging or valuable fillings are often presented and received as gifts.