How China bought its way into national fishing grounds around the world
Briefly

On March 14, 2016, the Chinese vessel Lu Yan Yuan Yu 10 illegally fished in Argentine waters, prompting a chase and sinking by the Argentinian coast guard.
China's state-run China National Fisheries Corp. operates hundreds of squid ships that enter Argentine waters secretly and without permission, often turning off their tracking devices.
China employs a tactic called 'flagging in,' registering its ships under foreign flags, such as in Argentina, where 62 out of 80 industrial squid-fishing vessels under the Argentinean flag are controlled by Chinese companies.
Read at Los Angeles Times
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