A look at the fight against illicit seafood: China’s role in it, the companies involved, and why the U.S. is cracking down on the practice now.
U.S. soldiers and Coast Guard officers approach a Chinese fishing vessel during an Oceania Maritime Security Initiative mission in the Pacific Ocean, November 29, 2016. Credit: US Navy via Alamy
U.S. sanctions enforcers have a new sector in their sights: illegal fishing. Last week, the Treasury Department imposed some of its harshest financial sanctions on two large Chinese fishing companies and their top executives, in a major show of force by the Biden administration.
One of the sanctioned companies, Pingtan Marine Enterprise, is publicly listed on the Nasdaq stock market, making it the first time that Washington has imposed “Global Magnitsky” sanctions, which target the
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
A top official on China under President Biden talks about trying to achieve a ‘steady state’ in U.S.-China relations and whether Washington can pry Moscow and Beijing apart.
When Zhou Liqi went viral on the Chinese internet for stealing scooters to protest lack of opportunity, he sparked a debate between the popular movement of “lying flat” and the state’s desire for “positive energy.”...
An ebook collection of interviews with the American policy makers who have shaped the U.S.'s relationship with China under six presidential administrations, carried out by former Wall Street Journal senior editor Bob Davis.
Interviews include Nancy Pelosi, Robert Lighthizer, Charlene Barshefsky, Robert Gates, Ash Carter, Robert Rubin and more.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy