Debt woes continue at Yongcheng Coal

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Debt woes continue at Yongcheng Coal

money_cash_default_wallet_Adobe_575px_17Jun20

Yongcheng Coal and Electricity Group’s debt woes have continued into the New Year. The company has warned about a missed payment on yet another domestic bond, and more institutions involved in its bond issuance have been criticised by a Chinese regulator.

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