Beijing said on Tuesday it would allow price fluctuations of power derived from coal-fired plants to improve the country s power market as shortfalls in power generation have sparked an energy crisis
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China needs to bolster its coal supply to avoid an economic slowdown this quarter, but Beijing’s icy relations with Australia could make that difficult, according to investment bank Mizuho. The world’s second-largest economy is facing a power shortage owing to a combination of factors. They include: extreme weather, surging demand for Chinese exports and a .
China needs to bolster its coal supply to avoid an economic slowdown, but Beijing’s icy relations with Australia could make that difficult, according to.