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Business trends

Beijing's eco drive and US trade war boost Japan's wastepaper exports

Prices for high-quality scraps used for cardboard packaging hit all-time highs

China's online shopping boom is creating a huge demand for wastepaper that goes into the manufacture of cardboard packaging.   © Reuters

TOKYO -- The effects of China's trade tussle with the U.S. and Beijing's tighter environmental regulations are being felt across the Asian paper market, with Japanese wastepaper exporters in particular enjoying a boost to their bottom lines.

In March, Beijing imposed tougher purity standards on all imports of wastepaper, after which it slapped a 25% tariff on scrap paper from the U.S. in August.

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