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 MORE