China is facing its worst power crisis in years due to a coal shortage. While Australia has the coal Beijing needs, the world’s second-largest economy is unlikely to reverse an unofficial ban on Australian coal imports anytime soon, analysts told CNBC. That’s despite recent media reports suggesting that China is releasing small quantities of Australian …
The post China Needs More Coal To Avert A Power Crisis — But It’s Not Likely To Turn To Australia For Supply first appeared on Hellenic...