Japanese restaurants in Hong Kong expect dip in business with import ban on seafood from Japan

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One observer believes the supply shortage, however, will not lead to a spike in prices.

from the Fukushima nuclear plant.

“For the high-end restaurants, most of their products are directly air-flown from Japan to Hong Kong on the same day. And if they don't have enough varieties or quantity of fishery products for the restaurant, then the business will be affected.” “Our conservative estimate is that business will initially decline by 40 per cent to 50 per cent,” he said.

The Fukushima Daiichi nuclear power plant, damaged by a massive March 11, 2011, earthquake and tsunami, is seen from the nearby Ukedo fishing port in Namie town, northeastern Japan, Thursday, Aug. 24, 2023. The tsunami-wrecked Fukushima Daiichi nuclear power plant's operator says it began releasing its first batch of treated radioactive water into the Pacific Ocean on Thursday — a controversial step that prompted China to ban seafood from Japan.

Source: News Formal (newsformal.com)

 

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