Quality is King: The Evolving Economy of Recycling
Over the past 20 years, China has been the key factor in driving most of the recycling markets throughout the world. As the country modernized its infrastructure, demand for recovered paper, scrap plastic, nonferrous metals and a raft of other recyclables grew rapidly. It is estimated that as recently as 2017 China imported around 40 percent of all the United States’ recyclables, and as much as two-thirds of all the plastic scrap collected globally.
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