While the original bans laid out in China’s notification to the World Trade Organization (WTO) on July 18th puts 18 percent of US to China waste and scrap exports by volume at risk (about $532 million worth), a complete ban, as drafted by China’s State Council, would jeopardize the entire $5.2 billion trade between the…Read more
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China is the largest importer of waste. In 2016, they accepted 7.3 million metric tons worth about $3.7 billion. This volume equates to 56 percent of the world’s waste imports, including half of waste paper exports worldwide. When China notified the WTO on July 18th of their intent to place an outright ban on…Read more
Chinese factories shutdown around October 1st in observance of The National Golden Week, a holiday implemented by the government of the People’s Republic of China to promote domestic tourism, allow workers to visit relatives in remote rural areas, and improve the country’s standard of living. Though October’s Golden Week is cause for celebration and…Read more
This year’s hurricane season has surpassed a number of natural disaster records, including damage-related and economic costs. Damages caused by Hurricane Harvey have been estimated anywhere from $65 billion to $190 billion, while Irma is thought to have caused $50 billion to $100 billion in destruction. To put this into perspective, Harvey and Irma…Read more
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