Sunday, December 23, 2018

Huge Oil Spill Isn't China's Real Offshore Disaster - Bloomberg

Huge Oil Spill Isn't China's Real Offshore Disaster - Bloomberg:
"...The fact is, thanks to massive overfishing in China's territorial waters, there isn't much marine life left to kill in the disaster zone. 
...The shift was driven by a massive jump in China's seafood consumption as its population has become more affluent. 
...Chinese seafood consumption increased 50 percent in just the last decade, to 62 million tons annually. That accounts for nearly two-thirds of global growth.
China's wild catch from its territorial waters is now around 13 million tons, up from around 3 million tons in the mid-1970s. 
Even China's Ministry of Agriculture says that's roughly 25 percent more than what's sustainable. 
And it's still not enough: China's gone from being a seafood exporter to a seafood importer because of burgeoning demand..."

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