July 31, 2024 — China’s distant-water fishing industry is reliant on low-wage labor to buttress poor profitability, according to a report from U.K.-based nonprofit Planet Tracker.
“Fishing Thinking: Solving China’s Distant-Water Challenges,” released 30 July, found the impacts of climate change and a World Trade Organization deal to limit subsidies will force the owners of China’s huge commercial fishing fleet to transition to a more sustainable business model.
Read the full story at SeafoodSource