"China’s coal imports will continue to grow strongly in 2014, according to the Australian Bureau of Resource and Energy Economics (BREE). In its latest Resources and Energy Quarterly report, the bureau noted that China’s imports of coal (including lignite) increased by 8% year-on-year to 91 million t in the first four months of this year. Overall BREE expects China’s thermal coal imports to increase by 4% to 250 million t in 2014 and by a further 3% in 2015 to hit 267 million t."
http://www.themorningbulletin.com.au/news/australian-coal-giant/2300490/
"Emerging markets, notably China and India, will be responsible for nearly all of that additional demand. India will double its consumption of coal over the next 30 years. China is already the world's largest consumer of coal, burning roughly four times as much as the U.S. each year. China continues to build a new coal-fired power plant each week. Chinese consumption of coal will most likely double in the next 30 years.
http://www.dailywealth.com/2775/the-single-greatest-contrarian-opportunity-today
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