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China Resources/Controversies

China Resources controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2013Shanxi coal-mine acquisition investigation

  1. 2013

    Shanxi coal-mine acquisition investigation

    China Resources and then chairman Song Lin were reported to be under investigation concerning the acquisition of Shanxi coal mines for RMB 9.9 billion. The assets produced no coal for several years after the purchase, and the transaction prompted questions about investment appraisal, borrowing advantages available to state-owned enterprises and the destination of funds.

    Source