Big coal’s piggy bank
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
Beijing wants to strengthen its control over coal supplies.
The latest: On Wednesday, the macro planner (NDRC) released draft guidelines calling for large-scale expansion of reserve coal production capacity.
Some context: China's coal industry can't quickly ramp up supply when shortages occur....