No one in Australia knows for sure whether the latest curbs on Chinese coal imports are a case of geopolitical muscle flexing or something more procedural, but there is plenty of circumstantial evidence that points to the latter.
China has a big effort under way to support jobs in its domestic coal mining sector, and has been willing to pay a high price to protect those jobs.
Loading...
Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com