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Citic: Citic to examine finances of Zhongrong Trust

Citic Trust, a unit of conglomerate Citic Group, and CCB Trust will lead the effort to stabilize operations at Zhongrong. The plan underscores growing concern among policymakers about the $2.9 trillion trust sectors impact on financial stability amid disappointing economic growth and a worsening property slump.
Zhongrong International National Administration Of Financial Regulation Citic Group Zhongzhi Enterprise Group Co Goldman Sachs Group Inc China Evergrande Group

China's mine disasters threaten its energy security

In its hurry to extract coal and meet tonnage targets, China is losing an opportunity to tap the massive stores of methane that are escaping into the atmosphere from coal mines. This would go towards meeting Chinas fuel needs, cut emissions and make mines safer for workers
Rystad Energy China National Petroleum Corp Chinese Communist Party National Petroleum Corp Those Leaks Coal Mine

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