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August 17, 2020

Chinese wood processing companies strongly impacted by slow demand abroad

   78% of China's wood processing companies currently are affected by the Covid-19 pandemic, while the resumption rate of wood industry companies has slowly risen to only 70% of the same period last year. However, wood product sales rate is only about 30% of the same period last year.  The Covid-19 pandemic that began at the beginning of the year has continued to spread around the world, causing all mankind to encounter an unprecedented public health crisis, and also accelerating the world economy into a painful adjustment period.  Anti-epidemic measures such ...

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