China Growth Stocks

[GorillaGorilla]

Peabody: Coking Coal Exports 10 times last year.

-- Coal miner Peabody Energy Corp. said China's imports of coal used for steelmaking this year through August were 10 times last year's pace. India has said it may face coal shortages of 200 million tons per year by 2014, meaning it will have to import more, too.

http://finance.yahoo.com/news/Quicker-rebound-for-exporters-apf-1505362905.html?x=0&sec=topStories&pos=3&asset=&ccode=

So, during global recession, China is becoming a net importer of Coking coal. I've also read that China will become net importer of other types of coal as well - forgotten the time lines.


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