Because only 10% of Chinese coal mining is open cast, diesel prices are a minor cost component v. In Colombia or Indonesia (the largest exporter of low quality thermal coal)
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RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…