NZ forestry holds up as China’s property crisis drags on

Posted: 16 Dec 2024

New Zealand exporters may have to deal with lower prices in the Chinese market for at least another year, with the Asian superpower’s troubled property sector unlikely to stabilise until 2026 according to new analysis.

However, foreign affairs officials say Kiwi forestry exports have held up better than some may have expected, with the sector’s low prices and reliable supply chains guarding against the slump experienced by other exporting nations.

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