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How China’s clean-up could dump on Southeast Asia
With China now seemingly out of the waste import business, some believe that Southeast Asia could fill the gap. PCI Wood Mackenzie, a United Kingdom-based consultancy, wrote in a recent report that Southeast Asia could soon become a “world leader” for plastic waste recycling due to China’s ban.
Critical questions are already being asked, however, about whether such commercial assessments are overly optimistic and indeed if developing a comparative advantage in importing other countries’ waste is desirable at all.
That will pose a quandary for Southeast Asian nations desperate for foreign investment, but wary of increasingly environmentally conscious citizenships. The answer likely lies in sorting out their own messes before importing those of others.
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