China should import more coal --
A Chinese government report unveiled in the US on Tuesday has argued that China must import more coal as a means of conserving resources and lessening environmental risks.
China will cut coal imports this year as the cost of domestic supplies declines, Sanford C. Bernstein & Co. said in a report.Net purchases from overseas will drop 47 percent to 150 million metric tons this year from 281 million in 2012, Bernstein said in the e-mailed note today.