The Rising Influence of Rising Affluence

[DewDiligence]

China’s importation of wood is a pretty big story for natural-resources investors—please see #msg-59643478, #msg-59470485, and #msg-56227280 for additional color.

Curiously, PCL’s CEO, Rick Holley, said on the 4Q10 CC that much of the wood China is importing is stuff from BC that was badly damaged by the mountain pine beetle (#msg-47898395). It sounds like this is a “Don’t ask, don’t tell” kind of situation :- )

p.s. PCL is one of my top-5 LTBH picks in the entire stock market (#msg-59870109).