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Falling copper points to global pain

Posted on 24 October 2011

The answer to where the global economy is headed may well be found in the piles of trash towering above the brick and tin shacks belonging to Beijing’s army of garbage recyclers.

On the northeastern edge of sprawling Beijing, the hardscrabble neighbourhood of Dongxiaokou is some 20 kilometres from the glittering skyscrapers that provide this community’s livelihood. Here, virtually every scrap left over from a modern life – used computers and mobile phones, household appliances, furniture, clothing, even paper and plastic bottles – is collected, sorted, broken down and sold for cash………………………………………Full Article: Source


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VRS - who has written 40596 posts on Opalesque Commodities Briefing.


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