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Chinese fishing plant in Torres Strait raises alarm for Australian industry and islanders

ā€œUnder the influence of Chinaā€™s ā€˜One Belt, One Roadā€™ policy, Fujian Zhonghong Fishery Company decided to invest in Papua New Guinean (PNG) and signed the memorandum of understanding with PNGā€™s fisheries minister, Lino Tom.

A $200m Chinese-built fishery plant planned for a Papua New Guinean island could allow Chinese-backed commercial vessels to fish legally in the Torres Strait, and has raised concerns about unregulated fishing in the same waters, potentially threatening the Australian industry and local PNG fishers.

This deal could allow Chinese-backed commercial vessels to fish legally in the Torres Strait, and attract Chinese funding for PNG-flagged vessels.

In August 2020, nearly 300 Chinese vessels logged 73,000 hours of fishing in a month, hauling in thousands of tonnes of squid and fish.

Source: The Guardian #Nov26

https://www.theguardian.com/world/2020/nov/27/chinese-fishing-plant-in-torres-strait-raises-alarm-for-australian-industry-and-islanders?CMP=Share_iOSApp_Other

#Australia #BRI #PNG #Fishing #China
The $3bn bargain: how China dominates Pacific mining, logging and fishing
 
Guardian analysis of trade data has revealed that China received more than half the total tonnes of seafood, wood and minerals exported from the region in 2019, a haul worth $3.3bn that has been described by experts as ā€œstaggering in magnitudeā€.

The countryā€™s mass extraction of resources comes as China has deepened its connections with governments across the region, amid a soft power push that sees it rivalling the influence of the US and Australia in the Pacific.

China took more by weight of these resources from the Pacific than the next 10 countries combined, with experts saying China ā€œwould easily outstripā€ other countries, including Australia, when it comes to ā€œgross environmental impact of its extractive industriesā€.

Source: The Guardian #May30

https://t.co/V4n5Z7OROW

#China #Pacific #Mining #Logging #Fishing