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Geplaatst: 22-08-2018 07:26:56 Onderwerp: Although the US |
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BEIJING, Sept. 26 (Xinhua) -- The supply-demand mismatch in China's coal industry has not seen a substantial change despite prices rebounding this year, an industry association said.
"There are still many uncertainties in the coal market, and we should not be blindly optimistic," Wang Xianzheng, head of the China National Coal Association said.
The cautious tone came as coal prices have risen in recent months amid a government campaign to cut ineffective production. The price increase has seen some local governments and companies wavering in their efforts to cut capacity.
The Bohai-Rim Steam-Coal Price Index, a benchmark index, stood at 554 yuan (83 U.S. dollars) per tonne by September 21, a price increase of 49.3 percent since the beginning of the year.
At a press conference last Friday, an official from the National Development and Reform Commission (NDRC) attributed the price rise to increasing coal consumption, a crackdown on illegal production, as well as transport and logistics problems.
But with coal demand set to retreat amid government efforts to consume cleaner energy, the struggles in the industry will continue, Wang said.
By the end of July, China's major coal producers had 3.66 trillion yuan of debts, up 4.7 percent year on year.
To reassure the market, the NDRC said China has plenty of policy tools to stabilize rapidly rising coal prices. If prices rises continue, the government will take steps to increase supply, while ensuring capacity-cutting efforts are not weakened, the NDRC said
China is the world's largest consumer of coal. The industry has long been plagued by overcapacity and has felt the pinch more over the past two years as the economy cooled and demand fell.
During the first eight months of the year, China's coal output fell 10.2 percent year on year to 2.18 billion tonnes. But official data also shows that as of the end of July, China had only achieved 38 percent of its coal cutting targets.
China plans to cut coal capacity by half a billion tonnes in the next few years, with vast funds set aside to help displaced workers.
This year, the government aims to cut coal capacity by 250 million tonnes.
I love hatches. They’re such neat tiny cars. And so economical! No person should ever disregard the hatch back as being a potential car. Here is why.
The first reason is that they’re economical. Hatches are extremely light small cars so they don’t put lots of strain on their engines. This means that they will use a smaller amount of fuel than a sedan with an engine the same size. This can be also why they are very good for around town driving. The stop and start pattern of traffic takes much less of a toll as the cars is so little and light.
Another reason is that the modest engine hatches are really forgiving to drive. Quite a few beginner drivers start off driving hatches. This really is mainly because you may make much more mistakes and be okay than with bigger cars.
They are also much simpler to learn the dimensions of. One thing that I found quite challenging when learning to drive was learning to realise how large the car was. For that reason I often knocked down poles and went across the lines at stop streets. I did do it much less when I was driving a hatch back though. There is no boot to worry about and also the bonnet is often a bit shorter than a sedan. This makes it a lot easier to know where all of the car is at all times.
Another thing I love about hatches is that they’re rather agile. They have a tendency to have quick response times and react well to your foot on the pedals and hand on the steering wheel. This makes it a lot easier to navigate heavy traffic and also for getting out of the way of issues in case you need to.
Along with this agility comes manoeuvrability. Simply because there’s so much less of the car to worry about and also the wheel base is so a lot shorter than the wheel base of the sedan Terry Steinbach Jersey , hatches can get in and out of spaces that some thing larger would not even look at trying to get into, never mind out of.
You also don’t need to worry about boot space. Although the back of the cars has been cut away the back seats were moved forward a tiny bit to generate room for boot space. This implies that you simply can still take the household on holiday in a hatch back as long as you only have a single woman on the trip. The boot space is ample for most shopping trips and also the back seat leaves practically nothing to be desired for children.
All in all, I feel that the hatch back is an awesome modest car. It really is good for about town driving. You can get a larger engine hatch and go zipping along at quite a clip if you are that way inclined. They also truly do have adequate boot space for your well packed family holiday or a monthly grocery shopping trip. They will also save you cash on fuel because they are so economical. Is there a downside? I have not found one.
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The government will not send American staff back to the US Embassy in Havana yet, a US official told Reuters on Tuesday amid concerns over what Washington calls attacks that have sickened two dozen diplomats.
Although the US has not formally accused the Cuban government of being responsible for the health problems that affected 24 US diplomats and family members in the past 18 months, President Donald Trump has said Havana was to blame. Cuba has denied the charges.
The US government says victims have suffered hearing loss, dizziness, fatigue and cognitive issues. Washington reduced its embassy to a skeleton staff in September.
Secretary of State Rex Tillerson told the Associated Press last week that he was not convinced ""deliberate attacks"" are over.
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