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Notes from the Chinese State Planner

Adding that local governments will be strictly prohibited from closing coal mines without permission. At the same time, an energy administration official says China’s daily coal production has reached its highest level since February.

Well, as China must find ways to deal with the electricity crisis and balance its climate change ambitions and the economy, something must give. It seems that with the coal still needed in the midst of the latest crisis, the steel mills are the biggest losers.

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