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Shares of Silvercorp, which operates silver projects in China, have been hit in the wake of the scandal at Sino-Forest. CEO Rui Feng talks to BNN about the struggles facing Canadian-listed Chinese companies.
“When we are in China, we are a foreign company. When we are in Canada, we’re a Chinese company,” CEO Rui Feng tells BNN.
The company is spending $69 million on silver exploration and development projects this year in China.