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 Address to refer: https://www.researchchannel.co.za/article/goldman-sees-chinas-stealth-coal-bailout-lasting-to-2020-2016-10-22
 Article Headline: Goldman sees China’s ‘stealth’ coal bailout lasting to 2020
 Abstract: China’s coal production restrictions are a “stealth” bailout for miners and their creditors that may last until the end of the decade as the policies help boost prices, according to Goldman Sachs Group. Without government intervention, China’s coal industry wouldn’t be able to service the nearly three-trillion yuan ($444-billion) in debt from investing in new mines before demand started to drop, the banks analysts including Christian Lelong wrote in an October 20 note. The twin goals of the mining restrictions have been to develop a “safe, solvent and efficient” industry and protect the country’s financial system from the risk of large-scale defaults, they wrote.
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