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Daily News / Global Trends / Market Analysis / Lumber / Sawmilling / Wood Products / China / Europe / Global
January 19, 2016

China’s economic crash to affect the Swedish forest industry

China’s economic crash to affect the Swedish forest industry
After China’s economy registered growth rates of 10-15% for 15 years before the financial crisis, the country is now facing a decrease. Still, its economy is growing by about 7% annually, according to official data. The decrease is reason enough to worry, as some analysts believe that this growth is actually about 3-4% and the slowdown will continue in the coming years.    The lower growth is a result from shifting focus from industrial, heavy infrastructure investment and exports to domestic consumption in the form of services and trade, as Skogs Industrierna states. Moreover ...

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