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Cover Story: China Forestry’s Fall Under Corruption Cloud Reveals Weakness in State-Owned System

By Zhou Tailai and Denise Jia
2024年10月14日 06:56
Rapid expansion concealed fake trades, flawed business strategy and ballooning debt

China Forestry Group Corp., the central government-owned lumber giant that is teetering under the weight of its debt, faces investigations into corruption and mismanagement by top executives, including bribery allegations against former Chairman Song Quanli.

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