News archive

Tag: China

Softwood lumber trade was up 5% the first half of 2019 on a worldwide basis, with China reaching record-high imports in the 2Q

17-09-2019
Global lumber trade, softwood, lumber prices, lumber market, China, Russia, Nordic, MENA

GLOBAL SOFTWOOD LUMBER TRADE Demand for lumber in China, the United Kingdom, Egypt and the Netherlands increased this year despite a slowdown in the global economy. Global softwood lumber trade was up just over five per cent year-over-year during the first half of 2019, according to the Wood Resource Quarterly. Of the major importing countries …

Taobao’s first physical store in Southeast Asia opens in Singapore’s Funan mall

12-09-2019
Taobao, e-commerce marketplace, furniture, China, Virmall, Funan mall, Singapore, first, Southeast Asia

Chinese e-commerce platform Taobao has opened its new store at Singapore’s Funan mall, a first in Southeast Asia, as demand rises for its home furniture goods. Named Taobao Store by Virmall, the shop is a partnership between Taobao and Virmall, a local firm that helps to curate and introduce products from merchants on Taobao. The shop, …

A complete ban on Russian timber exports to China looks inappropriate, said Head of the Russian Ministry of Industry and Trade

03-09-2019
Russian timber export, illegal logging, China, Denis Manturov, Russian Ministry of Industry and Trade

A complete ban on the sale of Russian timber exports to China looks inappropriate, since illegal logging is an internal problem of the country, said the Head of the Russian Ministry of Industry and Trade Denis Manturov, RIA Novosti reported on 19 August. Manturov was responding to comments made by Dmitry Kobylkin, Russia's minister of natural …

U.S. slaps duties on $4.4 Billion of Cabinet Imports from China

02-09-2019
Wood cabinet, wood, vanities, imports, China, duties, American Kitchen Cabinet Alliance, unfair trade

$4.4 billion worth of imported cabinets is the next item to join the long list of Chinese goods slapped with U.S. levies in the U.S.- China trade dispute, reported Bloomberg. The Commerce Department said on 6 August that  it will ask the U.S. Customs and Border Protection to collect cash deposits from importers of the wooden cabinets and …

Editor’s pickSome timber products affected by China’s retaliatory tariffs

26-08-2019
United States, China, trade war, retaliatory, timber products, AHEC, NHLA

The U.S.- China trade war tensions heightens once more on Friday as Beijing announced a new round of retaliatory tariffs on about $75 billion worth of U.S. goods. The tariffs of 5% or 10% on US imports will start on 1 Sep, according to a statement posted by China’s Finance Ministry. Some products will be also subject to tariffs with effect …

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