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Seafood businesses flounder amid cut in luxury spending

By Wang Zhuoqiong | China Daily | Updated: 2013-06-14 07:40

Seafood businesses flounder amid cut in luxury spending

Seafood products displayed at a food and catering fair in Beijing. The crackdown on graft and extravagance is taking its toll on the country's high-end seafood market. Provided To China Daily

Piles of high-end seafood - including lobsters, crabs and abalone - sat quietly in the small tanks of various vendors, during a visit to one of the largest aquatics markets in northern Beijing this week.

Seafood businesses flounder amid cut in luxury spending

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