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May 4, 2020

Forestry companies in China increase overseas timber purchases in order to secure domestic supply

As the coronavirus pandemic continues to spread throughout the world, production in major wood-producing countries has stalled, the patterns of international wood production trade have been severely impacted and the global wood supply chain is facing a huge risk of breaking.  Faced with this very complex international situation and the reality of China's high dependence on wood imports, the Chinese companies which have overseas business have intensified the development of overseas forest resources and wood procurement, in order to ensure the supply of timber in China.  China Forestry Group Corporation has further intensified its ...

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