Stricter Customs in China Forces Ecuador White Shrimp Prices to Rise; Ecuador Pushes for Zero Tariffs
White shrimp from Ecuador have done well in the Chinese market within the past few years. Their sales have skyrocketed in this year’s online shopping carnival. And with China’s rising demand, large quantities have been smuggled into the country through Vietnam during the first half year, though China has worked hard to crack down on smuggling and promote legal imports.
The cost is still higher for legal importers who have only paid 2 percent tariffs now, because the value-added tax is high...
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