Tuesday , May 11 2021
Home / South China Morning Post / China’s carbon-neutrality push prompts major coal-production region to beg banks for financing

China’s carbon-neutrality push prompts major coal-production region to beg banks for financing

Summary:
[unable to retrieve full-text content]China’s ambitious carbon-neutrality goals do not bode well for miners in the coal-producing province of Shanxi, which is already facing financing difficulties after a series of high-profile domestic bond defaults last year.As a result, local authorities have stepped in to court financial assistance.At a conference attended by representatives of 160 financial institutions on Wednesday, local state firms and financial authorities joined efforts to shore up confidence by promising a timely…

Topics:
Frank Tang considers the following as important:

This could be interesting, too:

Doug Short writes World Markets Update: May 10, 2021

Doug Short writes Full-time and Part-time Employment: A Deeper Look

Doug Short writes Multiple Jobholders are 4.6% of All Employed

Doug Short writes April Employment: Services Vs. Goods Producing Jobs

[unable to retrieve full-text content]
China’s ambitious carbon-neutrality goals do not bode well for miners in the coal-producing province of Shanxi, which is already facing financing difficulties after a series of high-profile domestic bond defaults last year.As a result, local authorities have stepped in to court financial assistance.At a conference attended by representatives of 160 financial institutions on Wednesday, local state firms and financial authorities joined efforts to shore up confidence by promising a timely…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.