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US China trade spat hit seafood

Chinese local gov’t buys up shares in tuna fishing company

The deal for a 14.2% shareholding in Shandong Zhonglu comes amid US tariffs against imports of Chinese tuna products

By Louis Harkell | Oct. 12, 2018 17:55 BST
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A Chinese state-owned enterprise (SOE) has acquired shares in one of China's largest tuna fishing companies, in a deal which values the firm at CNY 886.1 million ($128.1m). [...]

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