Where is Waste Management (WM) when you need them. Looks like a golden opportunity for those in the trash and recycle industry.
BEIJING — China’s Singles Day, the world’s biggest shopping extravaganza that fell on Nov 11, saw bargain hunters spend 10 billion yuan (S$2.07 billion) in just seven minutes on the country’s largest online-shopping site, Alibaba’s Tmall, last Friday after midnight.
But the spending orgy could choke landfills and take a huge toll on the environment, employees of waste-disposal and recycling firms say.
China’s version of the United States’ Black Friday will result in one billion parcels travelling from retailers to customers’ doorsteps over the course of the next few weeks, according to the China Express Association (CEA).
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