China’s Engineered Wood Shift and Its Impact on Sawlog Demand

China’s economy is struggling, with growth decreasing by a projected 0.5% in 2025. Real estate—a sector that makes up over a quarter of the country’s GDP—remains at the heart of this slowdown. Following high-profile developer collapses, the property market continues to weigh heavily on demand for building materials. While early signs suggest the market may have bottomed out, meaningful recovery isn’t expected until 2026–2027.