The $3bn bargain: how China dominates Pacific mining, logging and fishing – by Josh Nicholas (The Guardian – May 2021)

https://www.theguardian.com/

One country dominates the Pacific’s resources extraction. Guardian analysis of trade data has revealed that China received more than half the total tonnes of seafood, wood and minerals exported from the region in 2019, a haul worth $3.3bn that has been described by experts as “staggering in magnitude”.

The country’s mass extraction of resources comes as China has deepened its connections with governments across the region, amid a soft power push that sees it rivalling the influence of the US and Australia in the Pacific.

China took more by weight of these resources from the Pacific than the next 10 countries combined, with experts saying China “would easily outstrip” other countries, including Australia, when it comes to “gross environmental impact of its extractive industries”.

Data analysis reveals the extent of China’s appetite for Pacific natural resources. In 2019 China imported 4.8m tonnes of wood, 4.8m tonnes of mineral products, and 72,000 tonnes of seafood from the Pacific.

The next single largest customer for the Pacific’s extractive resources was Japan, which imported 4.1m tonnes of minerals – mostly petroleum – 370,000 tonnes of wood and 24,000 tonnes of seafood. Australia imported 600,000 tonnes of minerals, 5,000 tonnes of wood and 200 tonnes of seafood.

For the rest of this article: https://www.theguardian.com/world/2021/may/31/the-3bn-bargain-how-china-dominates-pacific-mining-logging-and-fishing

 

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