05-10-2013, 05:08 PM
Any listed companies doing recycling business in China? Anyway, Green Fence seems one of the right way to solve China environmental issues.
China’s recycling crackdown disrupting global industry
BEIJING — China for years has welcomed the world’s trash, creating a roaring business in recycling and livelihoods for tens of thousands. Now, the authorities are clamping down on an industry that has helped the rich West dispose of its waste, but also added to the degradation of China’s environment.
The campaign is aimed at enforcing standards for waste imports after Beijing decided too many were unusable, or even dangerous, and would end up in its landfills. Under the crackdown dubbed Green Fence, China has rejected hundreds of containers of waste it said were contaminated or that improperly mixed different types of scrap.
It is abruptly changing a multi-billion-dollar global industry in which China is a major processing centre for the world’s discarded soft drink bottles, scrap metal, electronics and other materials.
Green Fence is in line with the ruling Communist Party’s pledges to make the economy cleaner and more efficient after three decades of breakneck growth that fouled rivers and left cities choking on smog.
...
http://www.todayonline.com/chinaindia/ch...l-industry
China’s recycling crackdown disrupting global industry
BEIJING — China for years has welcomed the world’s trash, creating a roaring business in recycling and livelihoods for tens of thousands. Now, the authorities are clamping down on an industry that has helped the rich West dispose of its waste, but also added to the degradation of China’s environment.
The campaign is aimed at enforcing standards for waste imports after Beijing decided too many were unusable, or even dangerous, and would end up in its landfills. Under the crackdown dubbed Green Fence, China has rejected hundreds of containers of waste it said were contaminated or that improperly mixed different types of scrap.
It is abruptly changing a multi-billion-dollar global industry in which China is a major processing centre for the world’s discarded soft drink bottles, scrap metal, electronics and other materials.
Green Fence is in line with the ruling Communist Party’s pledges to make the economy cleaner and more efficient after three decades of breakneck growth that fouled rivers and left cities choking on smog.
...
http://www.todayonline.com/chinaindia/ch...l-industry