Coal Giant Shenhua is Face of New Chinese State-Owned Enterprises – Elaine Kurtenbach

By using modern technology, Ling Wen believes that his coal company can be both environmentally-friendly and effectively compete in the international coal market.

From the San Diego Union Tribune:

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Ling Wen seems an unlikely coal baron. A longtime banker with a penchant for smartly tailored suits, he is a rising star among a new generation of Communist Party technocrats guiding China’s industrial flagships.

In a country where carnage in the mines is commonplace, Shenhua’s operations have a safety and efficiency record on a par with global industry leaders. Ling is also exploring ways to make coal – a chief culprit in global warming – a cleaner resource. [Full Text]

[Image: Shenhua Group Shenfu Dongsheng Coalfield, from cdb.com.cn]

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