The Chinese Plunder of South America

Chinese commercial fishing boats. By Igor Groshev @ Adobe Stock

Reports of Chinese fishing vessels massing in or near Chilean waters, devastating local fish populations, have proliferated. Videos from the air of hundreds of Chinese boats near the territorial waters of Chile and Peru have stunned viewers. Watch:

Another poster displayed imagery of the transponder signals of Chinese vessels massing off the coast of Peru to deplete fish stocks there.

Now, it has been reported that criminals have stolen $917 million worth of copper from Chile and shipped it to China. The Jerusalem Post reports:

A group of armed men in Chile stole several shipping containers filled with copper that belonged to state-owned giant Codelco on Wednesday, adding pressure over shipments security in the world’s largest copper producer.

The assailants took 13 containers that were destined for China from San Antonio port in central Chile. Citing police sources, local media reported the copper plates were worth an estimated $4.4 million.

Copper prices have been rising, giving both criminals and consumers reason to break the rules.