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Economic news

China to cut coal import tariffs to zero from May 1

04/28/2022

Less than a minute

2022.04.28 11:06

China to cut coal import tariffs to zero from May 1
FILE PHOTO: Workers operate loaders unloading imported coal at a port in Lianyungang, Jiangsu province, China December 5, 2019. REUTERS/Stringer

BEIJING (Reuters) – China will cut import tariffs for all types of coal to zero from May 1, 2022, until March 31, 2023, the Ministry of Finance said in a statement on Thursday.

The policy comes as Beijing strives to ensure energy security amid soaring global benchmarks and supply disruption concerns.

Source

04/28/2022

Less than a minute