© East News / FLPA/Fabio PupinTanzanian Elephants Endangered Due to Chinese Ivory Smuggling: WatchdogBEIJING (Sputnik) – The ban will be introduced gradually, starting from March 31, 2017 and should be fully enforced across the entire territory of China by December 31, 2017, the council said in a statement posted on its website. The ban aims to protect elephants, as thousands of them are slaughtered annually for their ivory. The new measure will apply to all trading, including internet sales and street markets. Radio Television Hong Kong (RTHK) reported citing a World Wide Fund for Nature (WWF) representative on Saturday that the ban could make Hong Kong the center of illegal ivory trade. According to RTHK, Hong Kong authorities have expressed plans to prohibit local ivory trade by 2021. Ivory is considered an item of status in a number of Asian countries, including China and Vietnam, where prices for a kilogram of ivory (about 2.2 pounds) go as high up as $1,100.
- Interview: More opportunities for Colombia-China cooperation to come: Colombian president
- Demand for Ivory Has Spawned a Woolly Mammoth 'Rush’ in Siberia
- As Trade Conflict Escalates, U.S. and China Enter a Battle of Wills
- UPDATE 1-China to ease foreign investments curbs, won't force tech transfers -vice minister
- DealBook Briefing: A China Trade Deal Might Not Change Much
- China to ease foreign investments curbs, won't force tech transfers: vice minister
- China to ease foreign investments curbs, won't force tech transfers -vice minister
- China warns of 'tough struggle' as it cuts growth target to lowest since 1990
- Numbers Geek: Steve Ballmer on the U.S. trade deficit, China’s role, and the impact on the economy
- Baby steps before leap: Global banks, now sense a new vista - regional trade
Ivory Trade in China to Be Fully Prohibited in Coming Year have 271 words, post on sputniknews.com at December 31, 2016. This is cached page on VietMaz. If you want remove this page, please contact us.