Sino-Forest Files for Bankruptcy Protection

   TwitCount

Chinese forestry firm Sino-Forest, accused last year of inflating its revenues and exaggerating the value of its timber holdings, has filed for bankruptcy protection in Canada.Having 100 million hectares of forested area, Dandong enjoys exceptional advantages and a huge potential in the forestry sector. To further promote the development of industry, it has worked out the overall layout, development tasks and focuses.