Plastic Buffet: Both China and the U.S. Have the Opportunity to Innovate on Plastic
By Doug Woodring and Steve Wong- Published on February 4, 2020 by Harbour Times
China’s leadership as a recycler for much of the world’s materials was curtailed in early 2018 with a strong ban on the import of second-life materials. This sent shockwaves through regions which had failed to invest in their own domestic recycling capacities, including the United States, Europe, Japan, Australia and Hong Kong. Given the opportunities for innovation, job creation, and the formation of global circular economy markets, however, this could be China’s or America’s golden opportunity to create a thriving circular economy using non-virgin materials to maintain a competitive advantage in its extended use of raw materials.