Wutongs, deciduous trees with large trunks and pale smooth bark, have been threatened by Chinese urban development in the capital of Nanjing. Residents are protesting the destruction of the trees.
Sino-Forest Corporation announced today that certain PRC subsidiaries of its wholly-owned subsidiary have entered into master agreements for the purchase of plantation forests in Shaanxi and Yunnan provinces with Bolin Forestry Co., Ltd. and Yuangao Forestry Development Co., Ltd.