Chinese Got Wood!

You can now add lumber to the growing list of cheap products that come out of China.

(Chi Trib)It will be your hardwood floor and your coffee table, your bedroom dresser and your plywood -- all stamped with the most successful label of our time: Made in China.

In less than a decade, China has transformed the global timber trade, importing more wood each year than any country in history and quadrupling the amount of wood products it ships around the globe.

And no one is consuming more of it than Americans. U.S. shoppers have become the world's best customers of low-cost Chinese flooring, furniture and plywood, buying 10 times as much as a decade ago.

Look out Home Depot, here comes Wal-Mart's lumber department!