Posted inAT Finance, China, Middle East, South Asia, World

Why Zambia has not benefitted from rosewood trade with China

Rosewood is the generic name for several dark-red hardwood species found in tropical regions across the globe. It fetches very high prices because it’s strong, heavy, has a beautiful red hue and takes polish very well – and because the trees are becoming increasingly scarce. On the Chinese market in 2014, for example, prices were […]