To cope with soaring global energy prices caused by Russia's invasion of Ukraine and domestic supply disruptions, China has decided to increase the use of coal in its energy mix.
To cope with soaring global energy prices caused by Russia's invasion of Ukraine and domestic supply disruptions, China has decided to increase the use of coal in its energy mix.
After more than two years of an unofficial ban, China began buying Australian coal this month, according to market sources and data from S&P Global Commodity Insights.
After more than two years of an unofficial ban, China began buying Australian coal this month, according to market sources and data from S&P Global Commodity Insights.
After years of dissension, Australia and China seem to be on the verge of a more positive relationship. The first coal shipment en route to China in over two years is an encouraging sign of warming trade ties between the two Pacific powers. This event represents an important step in stabilizing relations between Australia and China.
After years of dissension, Australia and China seem to be on the verge of a more positive relationship. The first coal shipment en route to China in over two years is an encouraging sign of warming trade ties between the two Pacific powers. This event represents an important step in stabilizing relations between Australia and China.
