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Word: dongxiaokou (lookup in dictionary) (lookup stats)
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...destination of much of Beijing's recyclable scrap is Dongxiaokou village, on the capital's northern outskirts, where 700 families work on sorting and preparing it for a second life. The yards of Dongxiaokou are filled with stacks of old radiators, piles of cardboard, old tires and inner tubes, mounds of glass smashed into tiny shards, nests of tangled rebar and cooking-oil jugs looped together with string. A mountain of plastic bottles more than two stories tall looms over the squat brick buildings where recyclers live and work. "Somewhere in there is a bottle you used," says a woman...

Author: /time Magazine | Title: In China, Hard Times at the Scrap Heap | 11/20/2008 | See Source »

...While Dongxiaokou's scrap yards have epitomized China's industrial boom over the past two decades, the global economic slowdown has left the scrappers struggling as prices for raw materials plummet. A group of men from Henan sit at a table playing a card game called "Fight the Landlord." They're the owners of a huge mound of plastic bottles they could process, but if they sold them now, they would lose money - scrap prices have fallen to levels not seen in years. "You want to know why our prices are dropping?" says Zhang Zhongming, 43, who moved...

Author: /time Magazine | Title: In China, Hard Times at the Scrap Heap | 11/20/2008 | See Source »

...because of lower Christmas-season orders for products like electronics. And China's notoriously thrifty consumers haven't made up for the drop in foreign demand. Amid the global turmoil, their expectations for rising incomes are at the lowest level recorded in years. All of that threatens to turn Dongxiaokou from the epicenter of a bustling recycling economy into a massive junkyard...

Author: /time Magazine | Title: In China, Hard Times at the Scrap Heap | 11/20/2008 | See Source »

...sure, but he knows that things won't be any better if he returns. The machine, now fixed, roars to life. "What to do?" he wonders with a shrug as he begins feeding old bottles into the machine. Back to work, that's his answer. The scrappers of Dongxiaokou can only hope the global economy follows suit...

Author: /time Magazine | Title: In China, Hard Times at the Scrap Heap | 11/20/2008 | See Source »

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