China top buyer of BC softwood

China has overtaken the United States as the largest buyer of softwood lumber from BC, PostMedia news reported. BC Cabinet minister Pat Bell said China bought $122 million worth of lumber in May, compared with $119 million by the United States. He said China represented only five per cent of BC's lumber exports four years ago, and that number has now grown to approximately 40 per cent. Mr. Bell said the increasing demand for wood comes partially in response to a housing bubble in China.

Published: Wednesday, 07/20/2011 12:00 am EDT

China has overtaken the United States as the largest buyer of softwood lumber from BC, PostMedia news reported. BC Cabinet minister Pat Bell said China bought $122 million worth of lumber in May, compared with $119 million by the United States. He said China represented only five per cent of BC's lumber exports four years ago, and that number has now grown to approximately 40 per cent. Mr. Bell said the increasing demand for wood comes partially in response to a housing bubble in China.

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