China today is a land of corruption The government won't take any action unless the corruption in question threatens their power. Bo is a case in point. If he had not been involved in a power struggle with the current leadership, if his right hand man had not gone to the US consulate seeking shelter, causing a public outcry, the crime he and his wife committed would have never been exposed. The exposure has actually caused more damage to the Party than to him.
In the case of sinoforest, to help sinoforest clear up the mess would expose a large number of corrupt forest officials, discredit local governments, and, most importantly, would cause social unrest. Besides, all the trees and lands are still there. What was lost was just foreign investors' money. Why should China care?
I fully understand why China has remained mute to this day. What I don't understand is the stupid actions osc took against sinoforest, because in the end the real losers are numerous Canadian and American investors, retail and institution alike. OSC did a huge deservice to the investing community. What it should have done was ask the Feds to pressure China to clear up the matter. Instead, it chose to destroy the wealth of fellow Canadians. Ironically, it is our tax dollars that keep their office open.
It remains to be seen if osc or rcmp can come up with any proof.
just my opinion.