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Media Report
April 16 , 2018
  • CNBC reports: "For decades, China was the world's largest importer of waste — a status that many countries took for granted, going by the reaction to Beijing's surprise decision to stop taking in 24 types of scraps starting 2018. More than three months into the ban, waste exporters are still scrambling for an alternative to China, experts told CNBC. Different ideas have been thrown out: The European Union said it's mulling a tax on plastics usage, the U.K. was looking to divert some of its trash to Southeast Asia, and the U.S. asked China to lift its ban, according to media reports. But none of those suggestions are long-term solutions to the new global order in waste management, experts said. The U.S., the U.K., the EU and Japan were among those that exported most of their waste to China."
  • Financial Times reports: "Chinese President Xi Jinping has said that he is "personally opposed" to life-long rule, adding that foreign observers have "misinterpreted" a recent constitutional amendment that revoked the two-term limit on the presidency.  Mr Xi expressed his views at three recent meetings with foreign dignitaries and Chinese officials, according to people who either attended the meetings or were briefed on the discussions. They added that Mr Xi justified the decision in terms of needing to align the country's three top government and Communist party jobs. Mr Xi's two more powerful posts — party general secretary and chairmanship of the party's Central Military Commission — are not subject to term limits."
  • Reuters reports: "Japan and China agree that a trade war will have serious consequences for the world economy, Japanese Foreign Minister Taro Kono said on Monday after a high-level economic dialogue between the world's third- and second-largest economies. Concern is growing about a trade row between China and the United States in which the two nations have threatened each other with tariffs. Japan has been criticized by U.S. President Donald Trump on trade and been hit with tariffs on steel and aluminum, but it has not yet threatened counter-tariffs."
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