A Hong Kong green fund has set aside HK$20 million to help the city’s recyclers ride out a fall in business expected to hit later this year, when the mainland stops importing foreign waste.
The cash, will be given in grants to help the businesses buy equipment to turn used plastic into clean pellets, which they will still be able to sell across the border.
Recyclers and green groups welcomed the move by the Recycling Fund, but said the lack of a longer-term government strategy would only...
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