By George Chen
The opinions expressed are the author’s own.
What does PX mean? That’s the keyword for China from the past 24 hours.
State media reported that residents of Dalian were recently forced to flee when a storm battering the northeast Chinese coast, whipping up waves that burst through a dyke protecting a local chemical plant. The plant produces paraxylene (PX), a toxic petrochemical used in polyester.
Tens of thousands of people took to the streets to demonstrate and Dalian, known as one of the most beautiful coastal cities in China, made headlines all over the world.
Dalian is not alone.
Blame bad luck or natural disasters, perhaps. Four days ago, an accident at a factory in Shandong province resulted in a deadly chemical gas leak and 125 people, mostly workers and nearby residents, were sent to the hospital, local media reported. About three months ago, poisonous chemical waste was dumped illegally, polluting water sources in Yunnan province. The case was only recently revealed to the public. You can imagine how angry local people must feel.
I had a chat with a young and well-educated fund manager, a typical middle-class Chinese, about those recent accidents and his views surprised me. The fund manager is usually very calm and polite before colleagues and clients. He told me he would take to the streets and even fight to the death to get the PX plant relocated if he were a resident in the area.