almost a year ago said that it had $280 million in outstanding loans from the China Development Bank and other state lenders. One of the country’s biggest state investment funds owns an 8% stake in one of its subsidiaries. Meanwhile, Chinese state subsidies to Pingtan for the building of vessels totaled $29 million in the first nine months of last year — about a third of all its purchases of property and equipment.
An entity majority-owned by Zhou’s wife also operates the Fu Yuan Yu Leng 999, which was caught in 2017 transiting through the Galapagos Marine Reserve with more than 6,000 dead sharks on board.arrested by South Africa in 2016 As scandal has followed Pingtan and its affiliates around the world, investors have dumped the company’s stock.
“I used to go to conference and officials would be in just complete denial,” said Tabitha Mallory, a China scholar at the University of Washington who specializes in the country’s fishing policies. “At least now, they’re acknowledging that their fishing is unsustainable, even if it’s just to counter all the negative pushback they’re getting around the world.”
Researcher Pauly believes that much of the criticism of the Chinese fleet’s fishing around the Galapagos is attributed to growing anti-China sentiment in the U.S. and sensitivities about Beijing’s growing presence in what has traditionally been considered Washington’s backyard. “Right now, it’s the perfect situation” for would-be violators, said Alfonso Miranda, executive director of, a group made up of squid industry representatives from Mexico, Chile, Peru, and Ecuador. “You can do whatever you want, even forced labor, nobody says anything, and you still have a market for your product.”
The ship again was involved in suspicious fishing activity in 2019, this time in the western hemisphere, when it went dark for 80 hours as it was fishing along the edge of Peru’s exclusive economic zone. At the same time as the ship was offline, vessel movements were detected inside Peru’s waters, nighttime satellite data analyzed by Global Fishing Watch shows.
Moreover, once the catch is landed in China — or a warehouse anywhere — it’s impossible to discern between legal and illegally caught fish.
Don't worry they're going home soon or they're going to get blown up. The rest of the countries of the world are really sick of China
Another slanted drivel from the AP, and from the kind made to trigger the very hateful reactions seen in many of these moronic comments.
hkdemonow CCP China is definitely the biggest threat to the world. This is a vivid example illustrating how CCP China is threatening free nations in non-military aspects.
alexhofford Governments & companies that support unsustainable fishing practices need to be called out. However, some perspective on the impacts other countries have & continue to have is crucial. The US, UK, Spain, etc. had massive fleets that drove numerous fish to the edge of extinction.
I hope they find a way to replenish the resource for better press.
Ok China... JFC...
That’s OK Joe Biden will probably give them more money to fish new areas and say that they’re not depleting the ocean fish
Time to call in the pirates
It's a copy of Zheng He's Conquistador Ship. China's bashing of 'Western Imperialism' is a ploy to REPLACE themselves as the new Imperialists (continuing & expanding Mao's detention, expulsion & torture of millions of original Hans (ethnic/dark) in a long 'Cultural Revolution').
Lol they really know no one will stand up to them
Typical they ruin everything and they want a higher population they will need to feed by trampling on other countries food stocks
Soylent Green
bitcoin 12.000 usd yes
I thought the ocean is large enough.
The fleet is basically unprotected and vital to China's food supply...
Why didn't anyone mention Japan's whaling industry?
US needs to protect this.
If within territorial waters, they should capture and impound the boats.
China is gonna eat our lunch? Come on man…
The Earth has too many people to sustain it. Does it make sense to ban abortion when we can't support the people who are already here?
HA 🤣😂😂😂😂😂.
Stop killing animals Just like me i am pure vegitarrian Thanks its my opinion only
joshgoodman
joshgoodman Never mind the whaling part .. can we just shut china down.. by FAR the most destructive country on earth.. FUCK
joshgoodman Summary: we followed them from 18 days and they did nothing illegal and they are fishing for an abundant resource, but they scare us and we don't like them.
joshgoodman Our oceans be doomed.
joshgoodman Nowadays, anything involve Chinese including fishing in S America seas, it is always assumed to be state-sponsored, not private. It is insulting to private citizens of China. Worse, it is often purported as part of Chinese state expansion. Red Scare is far and wide indeed.
joshgoodman The headline and some lingo used in this report sound more like a military intelligence than journalism. What's distance fishing has to do w/ China's sea power? Why use 'China deployed' fishing ships? When it comes to commercial activities, are u sure it is China gov behind it?
joshgoodman It’s not all the labor abuse, China’s fishing industry preys protected areas like Ecuador 🇪🇨 Galapagos killing large quantities of marine species, so mercilessly is the process it should be prohibited forever. wwf seashepherd
joshgoodman Greedy Chinese have no right to fish for anything near the long-isolated Galapagos Islands, a UNESCO world heritage site. Nothing is sacred to the Chinese and they have practically colonized much of South America by their mining, fishing, railroad building thru the Amazon.
joshgoodman Junk article
joshgoodman
joshgoodman *people* on a Chinese fishing boat
They also created covid
Screw the UN. Attack the damn Chico’s sink their fleet start a war. It s worth the fight to protect the worlds food supply from the slant eyed MFers!!
Could someone explain to me the difference between LEGAL and ILLEGAL fishing...
China is plundering the whole planet. Greed is good in their eyes.
that is why submarines are invented
Toxic china.
And if we ran low on seafood. They would just blame Biden 🤣
Only idiots believe Chinese Communist Party would care about the environment.
you should take a look at the cryptocurrency InuSaitama ! It’s a 3 month old token with huge potential, and the developers are very transparent! Already have partnerships with major US organizations, and is a legitimate US business! saitama Saita SaitamaWolfPack
Lol. This is the least of your fears. Come on fake media open your eyes shut your mouth
They won’t stop until our seas are dead.
China out there robbing and stealing all the fish they can. Mother Earth is getting plundered.
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