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Wednesday, July 29, 2015
Low Price Causes More Chinese Companies to Divest From Coal
ANBOUND

As the coal price continues to fall, the operating loss has widened and many companies have divested from coal business.

Anbound's scholars point out that coal mining has become the low value asset during this downward economic cycle.

If the economic transformation in China is successful, the energy consumption structure in the future will be altered and it is likely that the change in coal mining could be permanent.

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