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Coal firms shift in direction to battle slump

By Yang Ziman And Li Xiang ( China Daily ) Updated: 2016-03-10 08:11:47

From beef sales to online gaming, troubled companies search for alternative opportunities for investment

Loss-making coal companies are diversifying their business portfolios, some in imaginative ways, as China pushes on toward structural reform aimed at reducing industrial overcapacity.

For instance, some have been looking to tap into the beef retail market, the medical sector or online gaming industry, media reported on Wednesday.

Coal firms shift in direction to battle slump

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