Multiple concerns for China’s seafood industry

Published on
October 2, 2012

The weakest economic growth in a decade and a sluggish euro zone economy are both reasons for pessimism for China’s seafood producers and importers. One firm exporting from China, Siam Canadian, said its shipments in the first half of 2012 were down 20 percent in the same period last year due to weaker demand in its top markets: Canada, U.K., Mexico and the United States. 

“Many processors say that they are losing money. However, their factory investment is huge, therefore, they are trying …

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