Coal bears marks of Beijing’s policy smudges

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Coal bears marks of Beijing’s policy smudges
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Coal bears marks of Beijing’s policy smudges, says cbeddor:

China imported 25.3 million tonnes of coal in April, up 13.6% from the same period a year before, customs data released on May 8 showed. Imports rose 1.7% year-on-year for the first four months of this year.

The National Development and Reform Commission said on May 7 that it would shut down more mines with an annual capacity of fewer than 300,000 tonnes. The total number of such mines will decline to less than 800 by 2021, the state planner said.

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