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As growth slows, China looks to coal for quick-fire stimulus

It has added a total of 42.9 GW in the past 18 months, even as 30 countries have cut their coal fleets

Published Tue, Dec 10, 2019 · 09:50 PM

Beijing

THE chimney stacks churn out a constant grey smoke, and the air reeks of burning coal.

A coal-fired power plant built by Chinese state-owned Zhenhua Oil sits in the countryside amid corn fields, 40 km from Tangshan, the steel capital of China. At full capacity, it produces 350 megawatts (MW) of power.

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As growth slows, China looks to coal for quick-fire stimulus

KEYWORDS IN THIS ARTICLE

Energy & Commodities

Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains

Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early

Anglo rejects BHP takeover bid as significantly undervalued

India rice prices at three-month low on shrinking demand

Gold prices set for weekly decline ahead of US inflation data

Pricey coffee is here to stay as hoarding, heat hit Vietnam supply

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