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Plastic scrap piles up in Japan after China shuts door

Some traders face bankruptcy while others adapt

Outlets for waste plastic have dried up after China banned imports this year.

TOKYO -- China's move this year to reject plastic waste is starting to have a ripple effect on Japanese traders that had depended on Chinese consumption.

One plastic scrap company in Fukuoka Prefecture filed for bankruptcy in March. "Bankruptcies and business closures of other domestic exporters will likely follow," said Mitsuhiro Harada at Tokyo Shoko Research.

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