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Slowdown hurts China's scrap metal dealers

China Daily | Updated: 2008-12-10 07:55

Slowdown hurts China's scrap metal dealers

A worker at a waste recycling center. The global downturn affected scrap dealers in China, with weak consumption demand and falling raw material prices. Yang Guang

When Lehman Brothers filed for bankruptcy in September, Mao Yanmei, a migrant rural worker in Beijing, had no idea her newly started scrap metal business would be affected by what happened on Wall Street.

Slowdown hurts China's scrap metal dealers

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