GuildMaster Furniture Shows Its Asian Factory

Construction expenditures in China are expected to rise 8.5 percent per annum in real terms through 2017.

An increase of 7.1% annually to $223 billion is expected through 2017.

In conditions of dynamically developing furniture, floorings, decoration and woodworking machinery markets of China, The 15th International Exhibition on Woodworking Machinery & Furniture Manufacturing Equipment ("WMF 2014") and The 15th International Exhibition on Furniture Accessories, Materials and Wood Products ("FAM 2014"), collectively known as WMF 2014 will be held from 25 to 28 February 2014 at China International Exhibition Center (CIEC), a versatile fairground located at the heart of Beijing.

The U.S. Department of Commerce announced on Tuesday its preliminary affirmative determination in the antidumping duty investigation of hardwood and decorative plywood from China.

The U.S. Department of Commerce (DOC) yesterday issued a preliminary average duty of 22.14% on Chinese hardwood plywood drawing immediate protests from a group of hardwood plywood importers.

Exportation of logs and lumber from North America to China fell by 17% to 2.1 billion dollars in 2012, but a turn-around in shipments is expected in 2013, reports the Wood Resource Quarterly.

The International Wood Products Association reacted with concern over the Department of Commerce’s Preliminary Determination in the Countervailing Duty Investigation on hardwood plywood imported from China.

A majority of hardwood and decorative plywood from China will face a countervailing duty of 22.63 or 27.16%, according to a preliminary affirmative determination by the DOC. The announcement has been met with mixed reaction.