Wildlife summit cracks down on illegal rosewood trade

Cites moves to protect the world’s most trafficked wild product by placing all 300 species of the tree under trade restrictionsGovernments have launched a crackdown on the rampant billion-dollar trade in rosewood timber that is plundering forests across the planet to feed a booming luxury furniture market in China.The Convention on the Trade in Endangered Species (Cites) summit on Thursday placed all 300 species of rosewood under trade restrictions, meaning criminals can no longer pass off