China-Australia relations: as demand for coal surges, how long can Beijing keep banning Australian supply?

Source: China – South China Morning PostChina’s coal supply looks to remain tight and prices will stay elevated in the next six months as the country’s own production – coupled with curtailed imports such as those from Australia – will be unable to meet China’s rising demand for the raw material, according to analysts.And that demand is raising questions about how long China can afford to continue banning coal from Australia.Even as China’s steel production has cooled down in the past two months, the price of coking coal – which is…Read More

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