China faces humiliation by seeking coal from Australia to meet energy demand

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Published at : November 15, 2021

With China putting a halt to coal imports from Australia to bring it to book for seeking an inquiry into the COVID origin, the country has faced a drastic setback with Beijing experiencing major economic turbulence for its punitory measure. The country has been experiencing the worst power crunch in years due to a shortage of coal.
The Xi Jinping-led government had intended to hurt Australia's economy pressing it to knuckle under Chinese policies which have proven to go against its own ways.
Soon after the Chinese ban in 2020, Australia has shifted its energy exports from the Asian superpower to its neighbouring energy-hungry countries like India. Subsequently, other countries like South Korea have intensified the import of coal from Australia. Therefore, Chinese restrictions failed to affect Australia as expected.
China, on the contrary, has slacked behind in substituting the Australian coal and has unsuccessfully endeavoured to boost imports from Indonesia, Russia, South Africa, and even the United States to cater to its needs. As per reports between January and August this year, Indonesia contributed to nearly 50 per cent of China's thermal coal needs.
Italian political advisor and geopolitical expert Sergio Restelli writing for InsideOver shed light on how an unexpected ban on Australian imports drove a tremendous deficit of coal in China, leading to an unprecedented energy crisis that has paralyzed the global manufacturing heavyweight.
"Beijing is scouting for coal from wherever possible to meet the energy demand. With the failure to procure the required coal, Beijing in a humiliating loss of face has had to turn to Australian coal," he said.

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