1/12/2015

China to limit coal supplies

China will take further action in 2015 to control coal supplies and support prices for the fuel, with the industry outlook likely to remain poor this year because of overcapacity and weak economic growth. The China Coal Industry Association (CCIA) said in a report on its website that it remained pessimistic about 2015 demand, with the economy under pressure from weak export markets and falling real estate investment.