IN BRIEF (Page 7)

Coal producers bounce back

Struggling Chinese coal producers have bounced back by posting strong profit growth. Soaring coal prices have boosted their bottom lines after the industry went through a substantial period of downsizing. Combined profits of large coal enterprises with an annual turnover of at least 20 million yuan ($3 million) came at 123.34 billion yuan in the first five months of 2017, a staggering 9,000 percent rise compared to same period a year ago, according to statistics released at a national coal trade fair on Thursday.

Brazil expects more investment