Canada’s key export-support organization boldly predicts China will surpass the United States as British Columbia’s top market for forest products within 12 years, if long-term trends hold. “This is really about differential growth in the markets,” said Peter Hall, chief economist for Export Development Canada, as quoted by Vancouver Sun. “China has long and strong potential growth and the U.S. is a fully developed economy.” That projection appears to counter a short-term decline in lumber sales to China following the country’s meteoric rise in imports ...
Register for unlimited accessWe work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!