There are some concerns about the China log market in the medium term. China’s finance minister Liu Kun said in early May that China will increase fiscal spending in 2020 to help offset the damage to economy caused by the Covid-19 outbreak, but we have yet to see any stimulus package from the China government have a material effect on log demand. At the National People’s Congress in Beijing (May 22, 2020), Premier Li Keqiang did not announce a growth target for the Chinese economy due to factors that are difficult to predict ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
