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China coal imports surge, prices hit record as floods add to energy woes | Money - Vimarsana News

China coal imports surge, prices hit record as floods add to energy woes | Money

BEIJING, Oct 13 — China’s imports of coal surged by 76 per cent in September as power plants scrambled for fuel to ease a power crunch that is pushing domestic coal prices to record highs and disrupting business activity in the world’s second-largest economy. Flooding in a key coal producing...

China calls for huge boost in coal output to fight power crunch | Money - Vimarsana News

China calls for huge boost in coal output to fight power crunch | Money

BEIJING, Oct 8 — Chinese officials have ordered more than 70 mines in Inner Mongolia to ramp up coal production by nearly 100 million tonnes as the country battles its worst power crunch and coal shortages in years. The authorities face record-high prices and shortages of electricity that have...