China Forestry Assets Hold Value, Shareholder Carlyle Says

China Forestry Holdings Co., the logging company that last week said its only able to account for 1 percent of its historical sales, still has value in its assets, according to its third-largest holder, Carlyle Group.

“We believe the company has stabilized and is recovering,” Brian Zhou, a Beijing-based spokesman of private equity firm Carlyle, said today by phone. “It still has real value. We’ll continue to be one of its shareholders.”