China Changing from Largest Seafood Exporter to Largest Seafood Importer

SEAFOODNEWS.COM [Shuichan News] Translated by Amy Zhong February 10, 2017China is changing from the largest global seafood exporter to the largest global seafood importer with full government support.   This has significant implication for both fishing policy, where the government plans to restrict harvests, and for tariff policy, where the government has already reduced some […]

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Affluent China Emerges as Vietnam’s Major Seafood Buyer

Seafood producers in Vietnam are expected to cash in on China’s rising consumption. China’s growing appetite will significantly increase Vietnamese seafood exports this year, industry insiders say. The Vietnam Association of Seafood Exporters and Producers (VASEP) forecast that the neighboring country’s seafood imports will hit a record high of more than $1 billion in 2017. […]

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Marine Harvest Will Resume Salmon Exports to China With Chinese, Norwegian Trade Relations Restored

  SEAFOODNEWS.COM by Michael Ramsingh – January 11, 2017 Marine Harvest said it will resume shipping salmon to the Chinese market this year now that political tensions between Norway and China have eased.   The announcement was made by Marine Harvest’s Chief Executive Alf Helge Aarskog. He said the company expects to resume shipments to […]

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China Cuts Tariff Rates on Large Range of Imported Seafood

SEAFOODNEWS.COM   by John Sackton and Amy Zhong  January 11, 2016 China’s Ministry of Finance announced a significant range of tariff reductions on seafood products, to take effect January 1, 2017. The move is part of a Chinese government policy to normalize seafood imports in recognition that imported seafood has become popular with domestic consumers. […]

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Signs point to Surging Market for High-End Imported Seafood in China This New Year

SEAFOODNEWS.COM  [Finance East]  Translated by Amy Zhong with Additional Material from John Sackton    January 12, 2016 Sales of High end imported seafood including items such as lobster, king crab, salmon, Dungeness crabs and Argentinean shrimp appear to be surging in China prior to the Chinese New Year on January 28th. For lobsters, unlike 2016 […]

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VASEP Expects China to Overtake the US as Top Market for Pangasius Exports

SEAFOODNEWS.COM [Viet Nam News] – January 13, 2017 China will replace the U.S. as the biggest importer of Vietnam-sourced pangasius in 2017, said the Vietnam Association of Seafood Exporters and Producers (VASEP). In the fourth quarter of last year, China, including Hong Kong, overtook U.S, pangasius imports from Vietnam, the association said. In August-September last […]

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Atlantic Canada’s Seafood Industry Gets a Boost as China Lowers Tariffs

SEAFOODNEWS.COM [CBC News] By Paul Withers – January 16, 2017 Tariffs on seafood products will be reduced on average from 11 to 5 per cent in 2017 Atlantic Canada’s seafood industry is starting 2017 with a boost for the bottom line thanks to lower tariffs on seafood entering the booming China market. The Jan. 1, […]

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China to lower import tariffs for popular seafood products on Jan. 1

December 29, 2016 http://www.undercurrentnews.com China will lift the seafood sector from its mid-January blues by lowering import tariffs for a host of popular seafood products, including coldwater shrimp, crab, pollock and six species of frozen tuna. China will lower tariffs by 3-7% on ten different seafood products, saving importers millions of dollars each year in […]

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Thai Union to launch King Oscar online in China after Century sale

http://www.undercurrentnews.com Thai Union Group’s sale of shares in a former joint venture with Century Pacific Food (CNPF) in China will be followed by a launch of King Oscar branded products in January 2017. The Bangkok, Thailand-based company has established Thai Union China, a 100% owned subsidiary, the company’s Faisal Sheikh, managing director of emerging markets, […]

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