Can China’s coal industry ride to the rescue of a world in oil shock?

China's coal industry is being considered as a potential savior for the global economy, which is expected to face a recession next year due to oil shocks and other factors. This is because China has the world's largest coal reserves, making it a major player in the global energy market. If China can increase its coal production and exports, it could help meet the growing demand for energy and mitigate the impact of the oil shock on the global economy.

Why it matters

War in the Middle East is set to escalate, disrupting energy supplies. This could lead to a recession next year, affecting global markets and investor sentiment.

Market impact

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Likely winners & losers

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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to South China Morning Post. For information only — not financial advice.