TIME Magazine content is available exclusively for TIME subscribers.

Current subscribers for full access. Not a TIME subscriber? .

A Grisly And Illicit Trade

The Chinese man with the cruel face was adamant. He would not show the visitor the panda pelt being offered for sale without a $10,000 deposit. But perhaps she would be interested in a better deal: two live young pandas, chained and ready to go, for just $112,000. Of course, he had leopard and tiger pelts as well, if she were interested. Eight smugglers gathered around them in the dimly lighted, smoke-filled room in Quanzhou, an ancient seaport on the narrow waterway between mainland China and Taiwan; each one was seeking a $19,000 cut just for witnessing a deal.

Unknown to...

Quotes of the Day »

RAY KELLY, New York City Police Commissioner, on the arrest of a New Jersey man in one of the nation's most baffling missing-children cases, the disappearance more than three decades ago of 6-year-old Etan Patz.
For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.