Tag: China: Reintroduction of import tax
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China: Reintroduction of import tax negatively impacts Russian coal sales to China
Russia’s coal sales to China fall by 22% in January, February 2024 Chinese coal imports soar by 23% y-o-y, but imports from Russia fall by 22% China reinstated coal import duties in calendar year 2024 (CY24), potentially increasing import costs from major suppliers. The duties imposed are 3% on coking coal, anthracite, and lignite, and…