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CHINA-U.S. "Trade War" Fights and Wood Board Industry Is Profound

Views:4     Author:Site Editor     Publish Time: 2018-04-12      Origin:Site

Recently, a U.S. President, Trump, signed a memorandum of trade with China, instructing the relevant authorities to receive large-scale tariff increases on imports of goods worth about 60 billion U.S. dollars from China and restricting Chinese companies from investing in M&A in the United States. The

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The United States has thus provoked a trade war with China aimed at curbing the rise of China, controlling the trade imbalance between China and the US, and protecting related industries in the country. The industry's scope is in the field of high-end technology-based products and basic agricultural products, and the wood industry, which is mainly exported to the United States, has also been affected. The

From the end of 2017, the United States imposed a series of punitive taxes on China's plywood industry, and the ruling came into effect. Until recently, when the United States publicly set off trade pressures, on the basis of a series of attitudes towards China, the wood-based panel industry in China is likely to be affected again. The

Although China Customs has always encouraged imports and implemented preferential policies, most trades have already been affected by this trade war. By then, the price of imported timber will rise. What the industry is facing is a series of issues such as the cost of import and export duties. . The

Under the influence of large environmental and economic policies, the wood board industry will face regulation and market pressure will multiply. In addition, the timber market in China is also facing multiple challenges: Due to the overcapacity in the domestic market and the lack of global demand, the downside difficulties are increasing day by day. The

Related statistics, under the support of deepening and reforming structural adjustment, China's economy has maintained a steady growth trend in the past two years, and is expected to continue to develop in 2018. However, it still faces many risks and challenges during its operation. The

In the context of “internal and external problems”, the Chinese timber market will also have a bright future. The

 First of all, the release of a series of policies shows that China is promoting the green construction of wooden structures and focuses on the construction of wooden houses with wooden structures, which provides a good opportunity for wood enterprises. The

Second, the urbanization rate of household registration in China continues to climb, and the demand for household furniture is huge. The

Finally, the effective economic benefits brought by the “Belt and Road Initiative” have brought potential opportunities for the timber market in China. The

China is the world's largest producer, consumer, and trader of man-made board. The industry of man-made board industry is large, with a large number of companies and a wide distribution. In the future, China's wood industry will bred the development prospects of new variables, new forms of business, and new potential energy. In the face of a turbulent trade war, Chinese wood companies should look for better alternative wood products to the United States and explore better quality sheet metal channels. It is a king!


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