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March 4, 2020

Coronavirus disrupts wood trade in China; global timber industry starts to shake

As the coronavirus is spreading throughout China, there are many fears that the virus could disrupt the wood trade in the country and could cause multiple problems in the global wood supply chain. There is industry concern that if the coronavirus would spread in coastal towns and cities, then access to Chinese ports could be restricted with little warning.     Chinese companies interviewed by Timber Industry News expressed their concerns. A spokesperson from China Forestry Group Corporation informed that at the moment all bank, warehouses and factories are prohibited to operate until Government's notice. All employees stay at ...

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