Struggles of a Shanxi coal mine owner in bleak industry winter

Updated: 2016-01-20 11:00

(chinadaily.com.cn)

Struggles of a Shanxi coal mine owner in bleak industry winter

Chen and two workers who chose to continue working for him. Even though the coal price fell even lower than the price of potatoes, many companies would rather lose profit than halt production in order to expand the market share. An industry insider said that when production stops, the cash flow stops too which puts the companies in a more difficult situation. [Photo/IC]