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Economy · Finance

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

Andy Xie · South China Morning Post
Published 15 Oct 2026, 8:30 am·1 h ago·1 min read
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Be warned. The global economy is likely to experience a recession next year. War across the Middle East is set to escalate, wrecking energy supplies for many years, even as the artificial intelligence (AI) bubble is ripe to burst. This, however, would also create an energy leadership opportunity for China. High energy prices already fuel demand for Chinese renewable energy products and electric vehicles. But as a leader in building coal-fired power plants, China can also offer the global market...

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