Daily News / Global Trends / Market Analysis / Forestry / Sawmilling / Statistics / Asia & Middle East / China / Global
November 12, 2014
Wood market sensitive to supply levels in China
With Q4 well underway all eyes remain on China where without doubt there is an economic slowdown ongoing, says an International Forest Industries recent report. Q3 ‘14 is expected by many economists to have achieved ~7.3% growth which indicates a definite slowing in the economy. Premier Li Kequaing announced recently that 2014 GDP is unlikely to meet the official 7.5% target set at the start of the year. Historically these growth targets have been set in stone, and any failure to meet them has been considered unacceptable. Recent announcements suggest a softening of this ...
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