By Louis Harkell Undercurrentnews.com
A large state-owned Chinese fishing company has started construction on a 25,000-metric-ton-capacity tuna processing plant on the country’s eastern seaboard.
Shanghai Kaichuang Marine International, the market-listed subsidiary of state-owned fishing giant Shanghai Fisheries Group, itself a subsidiary of Shanghai-based Bright Food, announced on March 12 building work had begun on the CNY 150 million ($22.3m) plant in Daishan, Zhejiang province.
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