Despite a boom in coal production in recent months, China could experience another power crunch this summer as miners race to meet government targets with lower-quality coal, analysts and traders told Reuters. Faced with power shortages last autumn, Chinese authorities ordered an increase in domestic coal production as global coal prices soared.
However, Chinese miners are looking to meet the required quantity regardless of the quality, which is often low and less efficient when burnt at coal-fired power stations. "For miners, they don't have much…China Could See Another Power Crunch This Summer
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