November 20th, 2011
11:42 PM GMT
Share this on:

Hong Kong (CNN) - As mainland Chinese discover expensive wines and luxury cars from the west, so too grows the demand for illegal drugs such as cocaine.

And this booming trade uses Hong Kong as a conduit between Latin American producers and the burgeoning mainland China market. On September 18, local police arrested eight individuals, one of them a U.S. citizen, in connection with a 567-kilogram seizure worth around US$77 million in the local market.

“Historically, Hong Kong has been the center of drug trafficking in this region,” said Simon Young, Director of the Center for Comparative Law at the University of Hong Kong.

Amounts found by authorities have been increasingly large in the territory over the last years. A recent report by the United Nations Office on Drugs and Crimes said they expect consumption in Mainland China to continue its rise.

Posted by: ,
Filed under: BusinessChinaHong Kong

About Business 360

CNN International's business anchors and correspondents get to grips with the issues affecting world business, and they want your questions and feedback.

Powered by VIP