Pinqua

Pinqua, also known as Yang Bingguan was a Chinese merchant who owned a porcelain shop in Canton and traded with most of the European companies during the 1760s and 1770s. In addition to porcelain, Pinqua also traded in black tea, predominantly Bohea. After he was appointed a Hong merchant in 1782, he expanded his business interests to different commodities although tea remained the most important item. His business began to suffer difficulties by 1791 and debts to foreign companies and traders of tea steadily grew. In 1792 his company collapsed.