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Is Getting Rich Still Glorious? Xi Targets Wealth Inequality - China Digital Times (CDT)

Is Getting Rich Still Glorious? Xi Targets Wealth Inequality - China Digital Times (CDT)
chinadigitaltimes.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadigitaltimes.net Daily Mail and Mail on Sunday newspapers.

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Despite Facing Its Own Shortage, China Bans Australian Coal, Escalating Trade War

China Escalates Trade War With Australian Coal Ban, Despite Shortages
Posted by John Chan | Dec 17, 2020
China has officially banned the importation of Australian coal, striking at the heart of the country’s energy sector. The decision, announced on Monday, escalates the Australia-China trade war that began after Canberra called for an independent investigation into the origins of COVID-19 in March. Significantly, the decision comes even as China faces its own shortage of coal this winter, which has prompted nation-wide energy saving initiatives. The Sydney Morning Herald’s
The decision, taken by China’s National Development and Reform Commission at a meeting with 10 Chinese power plants on Saturday and reported by state media on Monday, means Australian coal will be blocked indefinitely while China ramps up imports from Mongolia, Indonesia and Russia, and expands local production. ....

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