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Shrimp farmers in Mexico’s Sinaloa state are facing mounting financial pressure as soaring fuel costs and cheap imports drive prices below production costs. After four decades as a major industry along the Pacific coast, some producers are now looking to Asian markets for new buyers. CGTN’s Alasdair Baverstock reports.
For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.
Shrimp farmers in Mexico’s Sinaloa state are facing mounting financial pressure as soaring fuel costs and cheap imports drive prices below production costs. After four decades as a major industry along the Pacific coast, some producers are now looking to Asian markets for new buyers. CGTN’s Alasdair Baverstock reports.
For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.