Tuna firm’s bungled IPO exposes China’s flouting of global fishing rules
Draft IPO sends a reporter down a rabbit hole to find shell companies and shady dealings in the world-wide fishing industry
Reporting on international fishing can often feel like investigating organized crime. Everyone knows how things are run, but the truth is obscured by shell companies, back-door dealings, and plausible deniability. This is why it’s remarkable that a recent, bungled initial public stock offering from a major Chinese tuna firm accidentally revealed something close to the… » Read More
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