To combat the recent slump in coal prices, the coal industry is said to have asked the government to restrict coal imports to China through quality control. Some argue that the slump is being driven not by oversupply, but because of a lack of demand.
But with China continuing to industrialize at a rapid pace, the importance of coal is unlikely to diminish in the coming years.
Please follow Money Game on Twitter and Facebook.
Follow Mamta Badkar on Twitter.
Ask Mamta A Question » Tags: China, Coal, Features, Money Game Features | Get Alerts for these topics »
0 comments:
Post a Comment