Financial Times FT.com

Chinese coal mine owners hit rich seam in black gold rush

By Richard McGregor

Published: January 18 2005 02:00 | Last updated: January 18 2005 02:00

China's runaway economy has translated into record profits for international coal exporters and the big state-owned Chinese enterprises that have had preferential access to the resources at home.

But less noticed in this "black" gold rush are entrepreneurs such as Hu Yulin, a slight man with a permanent limp and the kind of grey, drained complexion that comes with working years underground.

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