(3 trillion yuan) debt held by China’s coal industry mostly on account of investments in new mines.
drop in coal production during the first nine months of this year. Under govt. orders. output lowered from 330 days to 276 days of production to help alleviate a glut. Lower supply has meant prices have increased.
gain in Q4 as per Goldman Sachs analysts forecasts as a result of the price increases. This is a swing from losses of $15 billion during the first two quarters of the year.
year by which the industry's debt will be paid off, provided the coal production restrictions remain.