Daily Memo: Coal Shortages in China and India

Officials in parts of India are warning of possible power cuts.

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Roadblock. China’s attempts to resolve its ongoing power crunch hit a new snag. New flooding in the central Shanxi province over the weekend shut down a number of coal mines, hitting China’s plans to offset the loss of coal imports with a surge in domestic output. This came just as regulators were temporarily lifting caps […]

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