“…Similar to Taiwanese currency, the Chinese Yuan is managed. Even though China did not appear to be as dependent on U.S. hardwood lumber as was Taiwan in 2000 because of the global nature of its lumber sourcing (Bowe et al 2008), China was the second most important market for U.S. hardwood lumber exporters by 2000. The most important species exported to China in 2000 was western red alder, which was both inexpensive and most likely less expensive to ship.…”