CHINA MARKET NEWS
Boston Lobsters a Hit at Restaurants and Recent Festivals in China
October 15, 2020 www.seafoodnews.com Seafood from overseas has suffered in the Chinese market as the country has shut down imports from some countries and companies due to the coronavirus pandemic, leading to public concern. As many markets are still waiting to...
Australia Seafood in Demand as China Looks Past Crisis
March 31, 2020 Chinese demand for seafood is coming back and Cairns Airport is at the forefront of the industry’s recovery. Airport CEO Norris Carter said there was “pent up demand” for banquets. “Now that China has started to come out of the coronavirus crisis, we’re...
China’s largest seafood market back in business
By Louis Harkell March 24, 2020 09:46 GMT Undercurrent News China's largest seafood wholesale market in Guangzhou, Guangdong province, is getting back to business with 70-80% of vendors resuming trade. Undercurrent News' China correspondent Hu Luyi visited Huangsha...
Boost for seafood as restaurants across China reopen
By Louis Harkell Undercurrent News March 18, 2020 09:57 G Restaurants across China have reopened providing a boost for seafood consumption, CCTV reported on Tuesday (March 17). Over 140,000 foodservice companies in Guangzhou, the provincial capital of Guangdong...
China becomes world’s biggest shrimp importer by volume
By Louis Harkell Feb. 11, 2020 08:33 GMT www.undercurrentnews.com China's imports of shrimp almost tripled to 718,000 metric tons in 2019, seeing it overhaul the US to become the world's largest importer by volume, according to Chinese customs data compiled by...
China’s seafood imports surge 39% to $15bn in 2019
China's seafood imports surged 39% in 2019 to CNY 106 billion ($15.3bn), according to Chinese customs data released Jan. 23, likely making China the second-largest seafood importer in the world ahead of Japan. The import surge follows 44% import growth in 2018, in...
China Lowers Tariffs on More Imported Seafood Products
www.seafoodnews.com January 2, 2020 On Dec. 23, 2019, China officially announced it is cutting tariffs on some imports, set to take effect Jan. 1, 2020. With the increasingly great popularity of foreign seafood products in China, some products will benefit from such a...
Indian seafood exports to China break $1bn mark in 2019 for first time
By Undercurrent News Dec. 31, 2019 09:57 GMT Seafood exports from India to China have grown by 42% in the past year, with growth particularly strong in shrimp, reports The Economic Times. As a result, total seafood export values to China over the first 11 months of...
Panoply of global seafood brands populate Alibaba’s Hema stores
www.undercurrentnews.com By Louis Harkell Dec. 24, 2019 09:19 GMT Alibaba Group’s Freshippo -- known locally as Hema -- is marketing some of the world’s most well-known seafood brands at its stores in China, with leading international firms set to benefit as the...
China’s tariffs on imported seafood unchanged in latest revision
www.undercurrentnews.com China will lower import tariffs on products ranging from frozen pork and avocado to some types of semiconductors next year, but tariffs for surging seafood imports will stay the same. Next year, China will implement temporary import tariffs,...
All eyes on China as Russian firms seek return on crab auction investment
http://www.undercurentnews.com Ivan Mikhnov's unusual morning ritual is he prays China’s economy avoids a downturn. Speaking to Undercurrent News at the recent China Fisheries and Seafood Expo in Qingdao, the first vice president of Russian crab company Antey Group...