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How China dominates Pacific mining, logging and fishing

3rd June 2021

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Here is a lengthy but fascinating read about the extent to which China dominates the market for every raw material in the Pacific region, and how it has been able to acquire access to them relatively cheaply.

Across mining, forestry and fishing China extracts more by weight from the region than the next 10 countries combined, something that gives it an awful lot if influence.

"China is a natural customer for the Pacific’s exports. But experts say the outsized take also has to do with China’s lack of laws against importing illegal timber, and poor accountability for environmental or social impacts.”

The $3bn bargain: how China dominates Pacific mining, logging and fishing https://t.co/RJlW6nqrin
— Guardian Australia (@GuardianAus) May 31, 2021

Today @guardianaus is launching a major series - Pacific Plunder. Millions of tonnes of minerals, fish and timber are extracted from the Pacific each year. Over the next month we will explore who profits from these industries and what impact they have. https://t.co/T5KWiJHhdi
— Kate Lyons (@MsKateLyons) May 30, 2021

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.

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