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Posted on: Sept. 25, 2018, 7:06 a.m.
'Perpetuate the myth': China could add as much as 400 million tons of coal capacity over the next two years, according to analysts at the consulting firm Woods Mackenzie. That’s about a 10 percent increase in China’s coal production capacity, which is a stark contrast to the country’s talk about closing coal mines to reduce excess capacity and fight air pollution, according to Bloomberg. “For all its talk about cutting coal mining capacity, China actually plans to add more.” the ... Full investment news article