Canada isn't the only country in the world suffering from problems in the forest industry.
The past winter's storms in China that you probably saw on tv have cost their forestry sector 57.3 billion yuan ($8.01 billion) in losses.
The worst winter in five decades in some areas damaged 20.86 million hectares of forests, one tenth of the total, setting back efforts to meet a national 20-percent forest coverage target by 2020, according to the administration.
Link to article:
http://www.chinadaily.com.cn/bizchina/2008-02/19/content_6466875.htm
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