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Studio interview: Is coal-overstock sign of weak economy

06-25-2012 09:32 BJT

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As people rev up their air-cons to battle the summer heat, coal consumption is expected to go up. Yet major coal ports across China are seeing an accumulation of excess coal storage. Full story >>

Now to talk more about coal overstocks, we are joined in the studio by Professor Liu Baocheng, the Dean of the Center for International Business Ethics at the University of International Business and Economics.

Q1: Some say it’s the slowdown in domestic demand, others say it’s carried over from the crisis in Europe. Just what are the underlying factors of this sudden drop in demand for coal?

Q2: Some are interpreting this as a sign that the Chinese economy is in bigger trouble than expected. Is that the case?

 

 

Editor:Zhang Rui |Source: CNTV.CN

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