Financial Times FT.com

China’s on-off American romance

By Simon Schama

Published: November 16 2009 20:00 | Last updated: November 16 2009 20:00

Ingram Pinn Illustration

Finding something American to sell to the Chinese, whether democracy or widgets, has always been a problem. The first merchant vessel to sail from New York to Canton in 1784 was on a tea-buying voyage, but the cargo it had to exchange was ginseng. American ginseng was consumed by the Chinese for its yin: the female properties of cool, while the native product was thought more yang-heavy. A population explosion may have made it difficult for domestic production to keep up with demand, hence the opening for American ginseng merchants who made a nifty profit.

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