Tag Archives: grey trade
Banned Australian lobsters are sneaking into China via Hong Kong
Since direct shipments to China virtually ground to a halt last November, Hong Kong has become the world’s largest importer of Australian lobsters, with monthly trade growing more than 2000 per cent from October to April. While lower prices will have spurred some increased demand from Hong Kong consumers, experts say the dramatic spike is more likely due to a grey trade as the tasty crustaceans are sent across the border to the mainland. >click to read< 09:22