Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

China’s import regime dominates debate at BIR Hong Kong

byCT Report
29/05/2017
in Latest News
Share on FacebookShare on Twitter

BEIJING: National Sword rumour and counter-rumour were sweeping the conference hall at last week’s BIR world convention in Hong Kong. During the very first of 14 meetings, BIR’s advisor on China’s policy and regulatory developments Ma Hongchang warned the world association’s non-ferrous metals division that, under its National Sword clampdown, the Chinese government could go as far as to ban imports of certain items of mixed metal scrap. It was also Mr Ma’s understanding that copper and aluminium scrap would be allowed into China for the moment but that a ‘tough’ review after 2020 would determine whether imports could continue or not.

The Chinese authorities have yet to issue timetables for import bans or details of the categories of scrap to be affected by National Sword but it was clear, said BIR non-ferrous metals division president David Chiao of Uni-All Group, that ‘very severe weather is coming towards us’. Given the Chinese government’s desire to prohibit imports of any material that could contain contaminants and therefore lead to environmental pollution, the five- to 10-year view could see China halting imports of plastic scrap, warned Dr Steve Wong, executive president of the China Scrap Plastics Association. There were even rumours that Chinese imports of film scrap could be halted as early as September this year, he told delegates to the BIR plastics committee meeting in Hong Kong. During any hiatus in shipments to China, no other county in the region would be able to absorb the 7m-plus tonnes that the Chinese have been buying internationally each year, Dr Wong remarked. Given yo-yoing freight rates, he added, the ‘most effective solution’ for the scrap plastics market would be increased processing at source.

You might also like

xr:d:DAFGZLzySpE:597,j:42004660331,t:22112408

Algeria invites Pakistani firms to participate in 57th Int’l Trade Fair

14/04/2026

First lithium battery manufacturing plant set to open in Karachi

14/04/2026
Tags: China's import regime dominates debate at BIR Hong Kong

Related Stories

xr:d:DAFGZLzySpE:597,j:42004660331,t:22112408

Algeria invites Pakistani firms to participate in 57th Int’l Trade Fair

byCT Report
14/04/2026

ISLAMABAD: Algeria has invited Pakistani businesses and trade bodies to participate in the 57th Algiers International Fair 2026, terming it...

First lithium battery manufacturing plant set to open in Karachi

byCT Report
14/04/2026

KARACHI: Pakistan’s first national lithium-ion battery manufacturing policy for 2026–31 is nearing approval, while the country’s first lithium battery production...

Diesel shipment from Europe arrives at Karachi port

byCT Report
14/04/2026

KARACHI: A major diesel shipment from Europe has reached Pakistan, as a Liberia-flagged vessel carrying fuel docked at Port Qasim...

SBP opens forward sales window for exchange companies

byCT Report
14/04/2026

KARACHI: The State Bank of Pakistan (SBP) has introduced a new policy that allows exchange companies to conduct short-term forward...

Next Post

Greece’s Energean signs first deal to supply gas to Israel

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.