Enter the dragon
Aug. 27th, 2007 by Al
The world’s biggest market currently enjoying the biggest boom in this century, many foreign companies and investors have been rushing in to a slice of this enormous potential in the last decade.
China ranks third in timber consumption cause wood provide 40% of the nation’s rural energy in the form of firewood and hence almost all the raw material for the paper and pulp industry.But a growing gap has been developed between china’s growing demand for wood and it’a declining domestic supply.
This has contributed to a sixfold increase in wood imported from other countries.In the end China and japan thru conserving their forests has led to a exportation of deforestation elsewhere in our planet.
Without sufficent rainforests to absorb the carbon dioxide man produced in their daily lives to convert into oxygen, the world will be a more hazardous place for us and our children.Sustainable timber plantations already are on the way but the supply will not meet the demands of big markets like China and India where environmental regulations may not be as well enforced compared to the western world.
With China’s entrance to the WTO.those timber imports are expected to increase more cause tariffs on wood products are reduced from 20% to 3 % .First world growth and free market ended up mass deforestation in other countries who aspire to be like China.
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