• Home
  • Categories
  • News
  • Community
EN
EN
Home
CategoriesNewsGlossaryCommunityAbout Us
Contact Us
Social Media
Region
🌏International
Region
🌏International

Copyright © 2023-2026 Traderknows Ltd. All rights reserved.

Contact
Home
/
News
/
Nuclear wastewater discharge sparks panic! China's largest salt company: "Don't panic-buy salt!"

Nuclear wastewater discharge sparks panic! China's largest salt company: "Don't panic-buy salt!"

TraderKnowsTraderKnows
2024-05-07
Summary:China's largest salt producer, China National Salt Industry Group, urges people not to panic over Japan's nuclear wastewater discharge, stating there's ample supply. China firmly opposes Japan's actions.

In response to Japan's action of discharging treated radioactive wastewater from the damaged Fukushima nuclear power plant into the Pacific Ocean, China's largest salt producer issued a warning, urging people not to panic-buy salt products. As the world's largest producer of table salt, China's state-owned China National Salt Industry Group released a statement addressing reports of increased salt demand in some regions of China.

Reports have indicated that the salt shelves in some supermarkets have been quickly emptied, and online sales platforms have also sold out of salt stock, including in Beijing and Shanghai.

China has expressed strong opposition to Japan's actions, believing that the Japanese government has not confirmed the safety of the discharged wastewater, and has banned the import of any aquatic products from Japan.

In a statement on the matter, the China National Salt Industry Group said it is working overtime to ensure production, distribution, and market supply. The statement also urged consumers to buy rationally, avoiding blind panic.

To alleviate concerns, the China National Salt Industry Group emphasized that sea salt accounts for only 10% of the overall salt consumption, with the rest including salt sourced from good sources and lakes, unaffected by pollution. The Group assured that there is sufficient supply, and any shortage of stock would be temporary.

Japan criticized China for making "scientifically unfounded claims" and insisted that the wastewater discharge is safe. The country pointed out that the International Atomic Energy Agency (IAEA) has also concluded that its impact on human health and the environment is "negligible".

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End
Previous
Next
Comments
0/1000
TraderKnows
Written byTraderKnows
Created date:2023-08-25 06:29
Last Updated:2024-05-07 10:18
Independent Analysis: Manually researched and fact-checked by the TraderKnows Compliance Team, based on public regulatory records.
Wiki
Behavioral Economics

Behavioral Economics is a discipline that combines the theories and methods of economics and psychology to study human economic decision-making behavior.

Recent Post

Trump Invokes Defense Production Act with 850 Million USD for Coal Power to Meet AI Demand

06-05

NY Fed Index Shows High Supply Chain Pressures as Geopolitical Conflicts Raise Global Inflation Con…

06-05

Japan's Real Wages Rise for Fourth Consecutive Month, Fueling June BOJ Rate Hike Bets

06-05

China Flexible Employment Exceeds 300 Million as Blue-Collar Wage Growth Outpaces White-Collar for…

06-05

South Korean Stocks Post Steepest Weekly Drop Since March as Tech Valuations Reset

06-05

China Commercial Paper Rates Drop in Early June Amid Rising Bank Demand

06-05

UK House Prices Unexpectedly Fall in May as Geopolitical Tensions Push Up Borrowing Costs

06-05

Massive Intervention Fails to Save Yen as Short Positions Surge Near Historic Lows

06-05

AI Momentum Pauses as Broadcom Outlook Misses High Expectations; Markets Await Payrolls

06-05

SpaceX Launches 75B USD IPO Roadshow as Access Blocked in Mainland China and Hong Kong

06-05

Global Gold ETFs See $2 Billion Outflows in May as Capital Pivots to Tech Assets

06-05

Nikkei Drops Over 1% on Tech Sector Pullback While Real Wage Growth Provides Support

06-05

South Korea Lifts Mandatory Reporting for Crypto Transfers Over 10M Won

06-05

Amundi Says Asian AI Stocks Supported by Fundamentals as Fed Path Poses Key Risk

06-05

Taiwan Stocks Close 1.33% Lower on Broadcom Drop But Hold Key Technical Support

06-05

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.