Tree Frog Forestry News

Wood Products Imports to Grow as China Remains the Global Gorilla

November 26, 2012
Category: Business & Politics
Region: International

China’s massive wood products production engine stalled in 2012 for the first time in over ten years. After posting spectacular growth in 2009–2011, China’s wood products industry and markets struggled in 2012 as new-home sales slowed and apartment inventories rose. The housing market is now at a crossroads as new residential apartment inventories and housing prices appear to finally be moving into a balanced situation to finish off the year.