Yeah it sounds pretty bad. Apart from the terrible working condition and human abuse, I worry for their lack of concern for the fishing population as they have no regards for endangered species and future world population of fish and seamamals, and they currently form the biggest fleets in the world.
"When quizzed about illegal activities aboard Chinese boats, 80% of them had reported shark finning — the act of removing fins from sharks and discarding the rest of the shark back into the ocean — and 59% reported the deliberate capture and/or injury of vulnerable marine megafauna, including manta rays, dolphins and sharks.