Property hasn't reached a bottom — timber and China's economy

CHINA ADVISORY - Report 06 Nov 2026 by Andrew Collier

A spike in demand for timber imports in August raised questions among some funds that China’s property market had reached a bottom. After months of steady YoY declines, August log and sawnwood imports rose 9 percent. However, fundamental property and import data suggests the import increases were a temporary issue. There is little data to show that the property decline is at an end. As China’s largest industry, property continues to fall into the doldrums, and China’s economic growth and fiscal challenges remain.

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