China’s boycott of Australia has redirected global flows of coal
Since Beijing launched an unofficial boycott of Australian coal last October to escalate the trade conflict between the two countries, global coal flows have changed fundamentally. While Chinese imports of Australian coal have effectively dropped to zero, imports from other countries have skyrocketed to fill the gap. After all, coal accounts for almost 60% of China's energy consumption, so its continuous supply is critical to the country's energy security.
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