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June 7 (Bloomberg) -- Carson Block, founder of Muddy Waters Research, talks about the potential for business fraud in China. Block's assertions of financial manipulation by Sino-Forest Corp. preceded a 71 percent plunge in the forestry company’s shares last week. He spoke with Bloomberg's Robyn Meredith in Hong Kong yesterday. Sino-Forest Chief Executive Officer Allen Chan said in a statement the allegations contained in the Muddy Waters' report are "inaccurate and unfounded." (Excerpts. Source: Bloomberg)
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