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China Extends Its Lead Over India as the World’s Biggest Importer of Coal

OilPrice.com Thursday, 16 January 2025 ()
The world’s biggest importer of coal, China, has widened its lead over the second-largest buyer, India, to the highest in more than a decade, according to customs data compiled by Reuters. Last year, Chinese imports rose while India’s fell, widening the gap between China and India in coal buying, according to the data. China took advantage of the low international seaborne coal prices in 2024 to boost purchases, while India raised its domestic coal production in an effort to enhance its energy security. Reuters estimates based on shipping…
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News video: Chancellor defends visit to China in Commons

Chancellor defends visit to China in Commons 01:21

Rachel Reeves has defended her decision to visit China over the weekend and accuses the Conservatives of "not wanting to engage with the second largest economy in the world". The chancellor adds that to grow the UK economy "we need to help great British business export around the world" and that not...

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