Anger Over Chinese Bear Bile Company's IPO Application
For more news visit ☛http://english.ntdtv.com Animal welfare groups in China are protesting the expansion of a company that extracts bear bile--a type of digestive fluid. Guizhentang Pharmaceuticals Company sells bear bile products as health supplements. The company is hoping to list itself on the stock market, but animal welfare groups say more bears will be hurt if that happens. Since 2000, Fujian-based Guizhentang Pharmaceuticals Company has been extracting bear bile for use in its products. Now the company wants to expand. The move has angered animal welfare groups—who say bile extraction is a gruesome practice—and they fear the expansion will harm more bears. [Toby Zhang, Director of External Affairs, Animals Asia]: "There are 7,000 bears in this industry, 68 bear farms, but now we think the number has increased to more than 10,000, nearly 20,000 bears on the farms. So this industry is growing and growing and we can see more and more bigger bear farms now. Guizhentang is one of the biggest bear farms." Guizhentang has applied to China's Security Regulatory Commission for an Initial Public Offering, or IPO. The company puts bear bile in products like eye drops, herbal tea and wine. Bear farming is legal in China. Chinese medicine has long said bile taken from a bear's gallbladder benefits the liver and eyes. But welfare groups like Hong Kong-based Animals Asia say the extraction process is damaging to the bears. They also warn the bile could harm humans. [Toby Zhang, Director of External Affairs, Animals Asia]: "Bear bile is not safe to consumers. We rescued nearly 300 bears in China in our Chengdu rescue center and we have seen each of rescued bears have gallbladder problems, they have liver problems, they have gallbladder stones and we believe these kinds of sick bears are producing very poor quality bear bile for consumers which may cause them problems." According to Guizhentang's website, the company currently has 400 Asiatic bears. It hopes money from the IPO will allow it to house up to 1,200 bears.
Comments
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These chinese are the worst people ever exists on this planet
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Where is your fucking government.
All government must be jailed. -
How could you do it Chinese. !?
You are really extremely cruel people. -
How do you get a permit to capture dangerous animals, imprison them, treat them cruelly, and sell their bile to the public?? WTF? I couldnt even get a business permit to sell pizza slices. They denied it!
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Japan taiji murder dolphines. China hurt bears dogs etc. They even like to eat animals when they still alive. They are really sadistic people. From today this people are only sex slaves in my eyes. Fuck them
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best thing to do is to use this chinese people like sex-slaves. they hurt the animals so much every day. the most human we can do is to use them as sex slaves here in europe and send them back when we are finish. Treat them as animals.
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Beers.
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Hope you can end this, you have to! How can you live with yourself while this goes on? disgusting and heartwrenching.
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Of all the people I hate, its the Chinese and those goddamn annoying conspiracy theorists.
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GO BEAR BILE BUSINESS! Expand and corner this market!
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If you have to take this on all the Chinese people and judging by what you said here, it just shows you are no differennt from the people who did this to these poor animals. You are such a rucking racist , so easy to be brainwashed and misled and showing not even a little intelligence that can be observed. You are actually a good material for terrorism. Your moron.
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They should fucking do it to the people that do it to those bears.
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Every disgusting and cruel video I see on youtube is always something about the Chinese...
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CURSED CHINESE!! I really hope some HUGE TRAGEDY happens in this country! And I hope millions of BOMBS are thrown over these men's heads.. I wish I could be face-to-face to a devil who does this
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Open your eyes. This really has nothing to do with race, it's just about the cruel people who do this. For the few Chinese who did this, there're Chinese who oppose and doing something about this. Look around and you can't deny there're cruel practice done by people looking just like yourself.
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@Tomacomo fuck you and your culture you fucking rat. shit like the chinese are nothing but a fucking cancer on this planet. how the fuck a country can turn a blind eye to shit like this is amazing, but sadly not surprising. and don't try and play the culture card with me son, i've been in that part of the world and the people are cruel, greedy low life's who should be fucking gassed!
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fuck chinese/asians. cruel vermin who would fuck their own mothers for a few bucks, greedy and deceiving. they should be fucking wiped out. dirty fucking animals.
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People should be killed for doing this horror to animals.
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Sickening. Simply sickening. This video shows nothing of the horrors to these animals.
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Chinese medicine = voodoo magic!
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