Air China bans shark fin cargo, reflecting shift in attitudes
Beijing
AIR CHINA has become the first airline in mainland China to ban shark fin cargo, marking a dramatic shift in attitudes toward trade in endangered wildlife here and throwing a lifeline to shark populations threatened with imminent extinction.
The news, released late Friday, came just a week after China also announced plans to ban its domestic ivory trade, a landmark decision of vital importance in ending an epidemic of elephant poaching in Africa.
It marks the country's gradual transformation from being the biggest source of the problem - as the largest market in illegal wildlife products - to becoming a major part of the solution. "Scientists estimate that fins from up to 73 million sharks a year are used for shark's fin soup, with much of the trade in shark fin destined for China," said Alex Hofford, a wildlife activist from conservation…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Sony deal for Paramount would draw added regulatory scrutiny
Lululemon to shutter Washington distribution center, lay off 128 employees
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
P&G raises annual core profit forecast on resilient demand, price hikes
Cordlife calls for trading halt after shares sink to all-time low, pending announcement
Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom