China,coal output slide down
Posted on Oct-28-2008 · by china investor ( china investor had published 8861 articles)
With the financial crisis and the price of Oil dive over,Chinese coal output contine slow on.The raw coal ‘s output is only 2,290,000,000 Tonnes now,and because many chinese company is closed,the request from china is slide down too,This year’s GDP of China maybe just 9.9 point,so china coal industry will face a persistent crisis.
Ofcause,this is a good news for electric power insdustry,this year many electirc power said their cost of coal is too high,so China had improve the price of electric power,but this make manufacturing industry’s cost face crisis.Many manufacturing industry’s output is slide down again.
So,the price of coal slide down is a good news for chinese economy.
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