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Mining-sector collapse leaves a Shaanxi county in severe economic trouble

A mining bubble is reported to have burst in a county in Shaanxi, creating serious local economic distress. The financial damage and wider spillovers remain unquantified.

By DoomRadar · Published on DoomRadar Sep 16, 2026, 12:54 AM UTC.

Why it matters

A mining-sector collapse can threaten local employment, public finances and commodity supply chains.

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County in Shaanxi in a Deep Hole as Mining Bubble Pops ↗chinafile.com · Recorded source date: Sep 16, 2026, 12:46 AM UTC

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