According to Bloomberg, citing people familiar with the matter
- China is considering plan to buy more American coal
- Part of efforts to narrow trade gap
- Looking at boosting purchases from West Virginia in particular
- Final decision hasn't been made
Goes along with news of more chickens poultry here. China is the world's top coal purchaser, and the fuel imported from the US comes up to just about 1% of its total imports. Currently, China is importing most of its coal from Australia and Indonesia.
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