Will China’s seafood processing plants face large-scale closures in the next 6 to 12 months?

According to foreign media reports, a Chinese processor told him that the U.S. government’s recent expansion of the ban on imports of Russian-origin seafood nearly two years ago now includes Russian fish processed in China and other countries, which will cause China There will be a wave of factory closures over the next year. ​ In December, at the request of federal lawmakers and Alaskan whitefish suppliers, U.S. President Joe Biden expanded an executive order issued in March 2022 that banned the import of Russian-origin seafood into the U.S. market to now include Crab, cod, pollock and salmon processed elsewhere. ​ China is a major processor of white fish from Russia and other countries and exports the majority of these products to North American and European markets. ​ A major white fish processor in Qingdao told the media that the US move will have a devastating impact on factories in China, and many factories may close as a result. He said: "I expect there will be ...