Prices and sales of shark fin are falling in China by 50-70% according to a new report released today by WildAid. “Evidence of Declines in Shark Fin Demand, China” compiles public opinion surveys, surveys from shark fin vendors and traders in the markets of Guangzhou, China (the current center of China’s shark fin trade) and surveys of shark fin price data from Indonesian shark fishermen, as well trade statistics and media reports.
HONG KONG – Hong Kong’s Yue Hwa Chinese Products Emporium Ltd announced that it is no longer selling ivory products according to a memo obtained by WildAid. The statement follows similar announcements from fellow retailers Chinese Arts & Crafts (H.K.) Ltd (CAC) and Wing On Department Store earlier this year. Prior to these announcements CAC, Wing On, and Yue Hwa were Hong Kong’s largest retailers of elephant ivory.
BEIJING – Last week, the Standing Committee of the National People’s Congress (NPC) passed an interpretation of the Criminal Law that mandates jail sentences for eating and buying products made from 420 wildlife species considered rare or endangered, including Asiatic black bear, pangolin, golden monkeys, and giant panda.
Lang Sheng, Deputy Head of the Legislative Affairs Commission of the NPC Standing Committee, said, “In fact, buyers are a major motivator of large-scale illegal hunting.”