The Best of Chinese Commentators

Shanxi's miners

  • Published 01 Oct 2009

Beijing lauches its most sweeping reform to date in yet another attempt to streamline the nation's coal industry.

Private mine owners in China's northern Shanxi province have been blamed for the province's dire safety track record, prompting Beijing to launch a radical reform forcing state miners to acquire all these private counterparts. According to targets, Shanxi was due to have 1,000 coal mines, down from 2,840 mines by September-end, as private miners were forced to retreat from the industry.

Issue icon

Latest Issue

09 Sep 2010

Browse the archive

Get two weeks free trial Subscribe now to access all of China Confidential

China Confidential Funds

China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.

Find out more