Ivory prices down after ban, activists fear stockpiling – China’s latest political and current affairs news
The Guardian reports that “the price of raw ivory in Asia has fallen dramatically” since the Chinese government banned the domestic legal ivory trade at the end of 2016. The Wildlife Justice Commission (WJC) has been collecting ivory prices in Hanoi, Vietnam, for the past three years: In 2015, raw ivory was being sold for an average of US$1,322 per kilogram; this dropped to $750 per kilogram by October 2016, and down to $660 per kilogram in February this year.
Despite the fall in prices, the numbers of elephants being poached have not fallen, and there are worries that speculators are stockpiling ivory while it’s cheap, meaning that there will be no reduction in demand.
- Inner Mongolia has become China’s model of assimilation / The Economist (paywall)
The return of Psy to China’s charts is the surest sign yet of a thaw between Seoul and Beijing / Quartz
Korean pop stars, including Big Bang and “Gangnam Style” star Psy, are rising on various Chinese pop music charts, after months of cool relations between the two countries during which Korean companies and entertainers had little joy in the China market.
- EU, China united on climate, still divided over trade / Reuters
- China’s media calls Trump’s withdrawal from Paris accord ‘global setback’ / Reuters
- Australia’s loyalties are shifting from the U.S. to China / NPR