ISRI continues its close vigilance on China’s scrap import policies and regulations, but the Chinese government is in a “quiet period” as the government prepares for the 19th Party Congress to take place on October 18, which means that there is no policy formation or execution at this time.
The meeting will result in changes of leadership throughout the government, excluding the President, who will continue on. It remains to be seen what will come of the scrap import ban and contaminants standards, but China analysts expect little to no change on a range of policies, likely including scrap trade. For now, we wait until after this political process concludes because, at this point, the policies have not yet been set in stone.
Nevertheless, China’s import policies continue to gain international attention. The Wall Street Journal published a story (WSJ subscription required) last weekend, the latest in a series of reports by international media outlets. Furthermore, the Governments of the United States, European Union, Australia, Korea, and Canada raised concerns about China’s scrap import ban in an October 3 meeting of the World Trade Organization’s (WTO) Import License Committee, and we expect it to come up in the WTO Technical Barriers to Trade (TBT – standards) committee meeting in early November. And this week, ISRI leadership will be attending the Bureau of International Recycling (BIR) conference in New Delhi, at which China is expected to be a featured topic.
Please contact Adina Renee Adler if you have any questions.