Baishanlin says lack of funds delaying promised wood processing facility

Logging company Baishanlin on Thursday admitted that it has suffered “major setbacks” in completing its long promised wood processing facility and it said that this was due to the lack of adequate funding from its financiers, which it blamed on the “hostile environment” caused by the media.

“The company has indeed suffered major setbacks in completing its state-of-the-art wood processing facility that will create