Here’s some welcome news.
The National Development and Reform Commission (NDRC) said yesterday it would remove the pricing caps on coal from next year and adopt a market-oriented pricing mechanism.
The caps will be removed sometime in 2009 so that the cost of coal will reflect “the real demand and supply, the resource scarcity and environmental costs [...]
China Lets Market Set Coal Prices
December 10th, 2008 · 3 Comments
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