Financial Times FT.com

China - Economy & trade

Economy straining China’s coal reserves

By Richard McGregor in Beijing

Published: April 23 2007 17:04 | Last updated: April 23 2007 17:04

China’s rapidly growing economy is placing unprecedented pressure on supplies of coal, prompting a debate about whether the country is poised to make an historic change to become an importer of its staple fuel.

High local prices and transport bottlenecks resulted in China becoming a net importer of coal for the first time ever in the first quarter.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this