China piranha arbitrage

The local government of Liuzhou in southern China’s Guangxi Zhuang autonomous region has ended its hunt for rogue piranha fish after offering a reward which attracted thousands of hopeful fishers to local rivers. The quest to capture the troublesome fish — whose presence in the river is unexplained — has become farcical, with online retailers offering to sell and deliver piranhas to the region for 12 yuan (US$1.80) apiece.

The story is here and for the pointer I thank Peter Metrinko.


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