China stainless steel mogul fights to avoid a second collapse
A debt crisis is threatening the future of one of the world’s top stainless steel producers, Jiangsu Delong Nickel Industry.
Police have detained eight people in east China’s Shandong Province in connection with a coal mine fire that has trapped 28 miners for more than two weeks, local authorities said Saturday.
A total of 91 people were working underground in the Fangbei Coal Mine in the province’s city of Zaozhuang on July 6 when an air compression device located in a parking lot 255 meters underground caught fire.