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China’s prized caterpillar fungus is worth its weight in gold

Fungus known as ‘Himalayan Viagra’

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Cordyceps (foreground), a parasitic fungus that grows on, and eventually kills caterpillars, which is used as a performance enhancer in parts of China. Photo: AP

In a dirty, dimly-lit room in a backstreet of one of China’s poorest rural towns, a trader combs his leathery fingers through a US$17,000 (HK$131,800) bag of caterpillar fungus, lamenting the curse that its value has wrought.

The parasitic fungus, Cordyceps sinensis to science, only exists high on the Tibetan plateau, where it grows through the body of its host - the ghost moth caterpillar - killing it and bursting out of the top of its head.

What looks like a small brown twig on the end of a crinkled yellow worm is for its believers a lifesaver, a cure for cancer and a potent aphrodisiac sometimes known as “Himalayan Viagra”. For those who toil on hands and knees to collect it, it can mean death.

It has a potent status in traditional Chinese medicine - making it almost worth its weight in gold.

It wasn’t in demand before, but now we realise its value, we have lots of fights between neighbours
Zande Gongba

“It wasn’t in demand before, but now we realise its value, we have lots of fights between neighbours,” said Zande Gongba, as he sold half a kilogram of the fungus to a retailer in Tongren, a remote town in the northwestern province of Qinghai.

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