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Fitch withdraws Sino-Forest rating

The ratings agency wants more information from Sino-Forest, and the embattled Chinese company refuses to comply.

FORTUNE -- The news just got a little worse Chinese forestry company Sino-Forest. Fitch announced Thursday that it will no longer rate Sino-Forest bonds because it isn't getting sufficient information from the company.

Fitch, one of world's three largest ratings agencies, asked Sino-Forest for "a more frequent and regular update of its offshore cash balances." The agency MOREImage may be NSFW.
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