The government apparently wants to help the economy by lowering energy prices with cheap coal. Production is expected to increase by seven percent this year, writes AP news agency citing media reports. That is 300 million tons more than last year. This is the second consecutive major increase since 2020. The construction of new coal-fired power plants is also planned as part of the economic stimulus.
Continue reading now
Get 30 days of free access to the Decision Brief to read these and more quality news every day.
Are you already a guest at the China.Table? Log in now