2015-11-20

Another Busted Coal Miner

Bloomberg: China's Yunnan Coal Becomes Latest Miner to Struggle With Debts
State-owned Yunnan Coal Chemical Industry Group Co. and its businesses had 1.31 billion yuan ($205.6 million) of overdue loans as of Oct. 30 due to rising borrowings and a cash shortage
Sina: 云南煤化工13亿债务违约 多家银行“躺枪”

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