WildAid released its new report,“Evidence of Declines in Shark Fin Demand, China,” at a special event at The Ritz-Carlton in Beijing. The report documents falling demand and rising awareness of shark fin soup in China. Prices of shark fin have fallen by 50%-70%, and sales have decreased by 82%. The report also found higher levels of public awareness with 85% of Chinese consumers surveyed online saying that they had given up shark fin soup within the last three years.
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.