A Japanese sushi entrepreneur paid a record $3.2 million for a giant bluefin tuna Monday at an annual prestigious new year auction in Tokyo’s main fish market, smashing the previous all-time high.Dave Gershman at the Pew Charitable Trusts’ international fisheries team used news of the auction to highlight that stocks of Pacific bluefin tuna were improving after being “near collapse”.Self-styled “Tuna King” Kiyoshi Kimura’s sushi restaurant chain paid the top price for the 243-kilogramme (536-pound) fish that was caught off Japan’s northern coast.”I’d thought we would be able to buy a little cheaper, but the price soared before you knew it,” Kimura said after the pre-dawn auction at Tokyo’s main fish market.”I was surprised at the price…I hope that by eating auspicious tuna, as many people as possible will feel energised,” he told reporters.The 510.3 million yen price at the new year’s auction was the highest since comparable data started being collected in 1999.The previous high was 333.6 million yen for a 278 kilogramme bluefin in 2019, after the fish market moved from its traditional Tsukiji area in central Tokyo to a more modern facility.The top bidder last year paid 207 million yen for a 276-kilogramme bluefin.Shortly after this year’s auction, the tuna was butchered and turned into sushi, selling for around 500 yen ($3) per roll.”I feel like I’ve begun the year in a good way after eating something so auspicious as the year starts,” 19-year-old Minami Sugiyama told AFP from a table in one of Kimura’s restaurants in Tsukiji.Fellow customer Kiyoshi Nishimura agreed.”Even without dipping it in soy sauce, there’s sweetness. And the richness, the texture… it just makes you feel happy,” the 40-year-old Shinto priest said.During the Covid-19 pandemic the new year tunas commanded only a fraction of their usual top prices as restaurants scaled back operations.Gershman said in an emailed statement that a 2017 recovery plan “is working, and if decision makers take further action in 2026, the future for Pacific bluefin will be bright”.”This year, fisheries managers from Japan, the United States, Korea, and other countries from across the Pacific who target bluefin should agree on a long-term, sustainable management plan that would lock in a healthy population and ensure that the species never again faces the overfishing of the past,” he added.

South Korean President Lee Jae Myung will meet Monday with Chinese counterpart Xi Jinping in Beijing, with closer economic ties as well as the recalcitrant North on the agenda.Lee is the first South Korean leader to visit Beijing in six years and his meeting with Xi comes a day after the nuclear-armed North fired two ballistic missiles into the Sea of Japan.The pair will meet for an opening ceremony and a summit before the signing of an agreement and a state banquet, Seoul has said.The South Korean leader, accompanied by a delegation of business and tech leaders, hopes to secure pledges to expand economic cooperation with his country’s largest trading partner.He has called for South Korea and China to work towards “more horizontal and mutually beneficial” trade.On Monday Lee met with top executives from both South Korean and Chinese firms at Beijing’s opulent Diaoyutai State Guesthouse, Seoul’s Yonhap news agency reported.South Korea and China “have helped each other grow through interconnected industrial supply chains and led the global economy”, he told them.Among the Chinese firms represented were battery giant CATL as well as phone maker ZTE and tech giant Tencent, Yonhap said.On the South Korean side, Lee is accompanied by Samsung Electronics chairman Lee Jae-yong and Hyundai Motor Group’s executive chair Chung Eui-sun, among others.Lee also hopes to possibly harness China’s clout over North Korea to support his bid to improve ties with Pyongyang.”China is a very important cooperative partner in moving toward peace and unification on the Korean Peninsula,” Lee said during a meeting with Korean residents in Beijing on Sunday, according to Yonhap.- Pyongyang tensions -Hours before Xi and Lee were due to meet, Pyongyang declared that it had launched two hypersonic missiles and that its nuclear forces were ready for “actual war”.Xi and Lee last met in November on the sidelines of the APEC summit in the South Korean city of Gyeongju — a meeting Seoul framed as a reset of ties after years of tension.Seoul has for decades trodden a fine line between China, its top trading partner, and the United States, its chief defence guarantor.And Lee’s trip comes less than a week after China carried out massive military drills around Taiwan, the self-ruled island it claims as part of its territory.The exercise, featuring missiles, fighter jets, navy ships and coastguard vessels, drew a chorus of international condemnation that Seoul has notably declined to join.Lee also deftly stayed on the sidelines since a nasty spat erupted between Beijing and Tokyo late last year, triggered by Prime Minister Sanae Takaichi’s suggestion that Japan could intervene militarily if China attacks Taiwan.In an interview with Chinese state broadcaster CCTV on Friday, Lee said he “clearly affirms” that “respecting the ‘one-China’ principle and maintaining peace and stability in Northeast Asia, including in the Taiwan Strait, are very important”.