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
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In an extract from his new book, The Broken China Dream, Minxin Pei looks at how Xi Jinping seized unassailable political power and forced China back down a path many had thought the country would never return to.
An award-winning podcast about the world’s two superpowers, the two men in charge, and the vital issues that affect us all. Face-Off cuts through the noise for the real story, with essential historical context.
In this season, longtime foreign correspondent for The New York Times Jane Perlez and celebrated China historian Rana Mitter cover Xi at the negotiating table, Gen Z disillusionment, China’s military rise, Pacific tensions, tech advances, and soft power.
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