Oct 15, 2024 09:33 AM

CX DAILY

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

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China Forestry Group Corp. is the only central government-owned forestry enterprise.

China Forestry Group Corp. is the only central government-owned forestry enterprise.

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Cover Story: China Forestry’s fall under corruption cloud reveals weakness in state-owned system

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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