Chinese coal firms have struggled as the country’s economic slowdown batters demand and Premier Li Keqiang vows to cut excess capacity in industry. Photo: AP Chinese coal firms have struggled as the country’s economic slowdown batters demand and Premier Li Keqiang vows to cut excess capacity in industry. Photo: AP
Chinese coal firms have struggled as the country’s economic slowdown batters demand and Premier Li Keqiang vows to cut excess capacity in industry. Photo: AP
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Business /  Companies

State-owned Sichuan Coal defaults on bond for second time

The latest repayment failure comes as analysts predict a surge in mainland defaults next year as 5.5 trillion yuan of onshore bonds come due

Topic |   Broker's View
Cathy Zhang
Cathy Zhang

Updated: 8:46pm, 20 Jul, 2018

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Chinese coal firms have struggled as the country’s economic slowdown batters demand and Premier Li Keqiang vows to cut excess capacity in industry. Photo: AP Chinese coal firms have struggled as the country’s economic slowdown batters demand and Premier Li Keqiang vows to cut excess capacity in industry. Photo: AP
Chinese coal firms have struggled as the country’s economic slowdown batters demand and Premier Li Keqiang vows to cut excess capacity in industry. Photo: AP
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