China's Tariff Reduction Coincides with Imported Seafood Price Drops Around Chinese New Year
SEAFOODNEWS.COM [Country.crn] translated by Amy Zhong - February 19, 2018
With the increase of Chinese household incomes, imported seafood is no longer solely for the elites in China, as it has become more affordable to more consumers. During this Chinese New Year, seafood prices should drop at the same time there is an increase in the country’s domestic seafood.
Several factors account for the price increase of China's domestic seafood. First, there are fewer fishing vessels working, as many fishermen returned home to celebrate the holiday. Second, portions of the sea ...
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