China imports so much coal that local miners suffer decline in sales

Capt. John

THE China Coal Transport and Distribution Association has recommended that coal buyers in China reduce their purchases from overseas to prevent negative impacts on domestic suppliers, reports Bloomberg News. Customs data shows that Asia’s largest economy imported 182 million tons of coal in the first five months of the year, an increase of almost 90 per cent compared to the same period in 2022. This surge in imports was driven by expectations of a hotter summer, Beijing’s efforts to minimise...

https://www.seanews.com.tr/china-imports-so-much-coal-that-local-miners-suffer-decline-in-sales/197307/

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