Jul 24 2007 | China, Peoples Republic of | Chinese Wood Usage Continues Rapid Growth
Highlight: As China's domestic consumption and export industries continue to grow strongly, Chinese demand for wood is forecast to maintain its recent robust growth. Supply limitations on Asian tropical hardwoods and a new export tariff on Russian logs are expected to dampen Chinese imports over the next several years. However, increased production from Chinese plantations and growing imports of lumber products will make up for the slower growth in log imports. In the near term, Chinese domestic demand will grow in importance relative to the export market.
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