Doing business in China always comes with its little challenges and unexpected events -- such as executives being jailed and difficulties with local or central governments.
This week we've seen two sides of doing business in the Chinese coal sector.
Today White Energy Co unveiled a non-binding memorandum of understanding with state-owned Guodian Inner Mongolian Sources Co to upgrade coal treatment. The Chinese partner is no minnow: it controls a 15 billion tonne coal resource, and produces 25 million tonnes a year. It is one of the five largest power producers in China with 70,250 megawatts of thermal generating capacity.
Click here to read more about doing business in the Chinese coal sector.
