Dian Qu

Analyst, China Research
+44 (0)203 008 5764

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Recent China research

* China Watch: Strong global growth a tailwind for China's deleveraging, Michelle Lam, Trey McArver, Larry Brainard, 14 Dec 2017
* China Watch: Outlook for 2018, Larry Brainard, Trey McArver, Michelle Lam, 7 Dec 2017
* China Perspective: North Korea scores, US stuck, Jonathan Fenby, 1 Dec 2017
* China Watch: The profit cycle – still some way to go, Michelle Lam, Trey McArver, Larry Brainard, 30 Nov 2017
* China Watch: China’s road to an automotive superpower, Michelle Lam, Trey McArver, Larry Brainard, Kingsmill Bond, 23 Nov 2017

See all our China research >>

UPDATE: Independent power producers and coal producers in balance of power stalemate

Overview

After a particularly bad 2008, the performance of Chinese power generation companies should improve this year, driven by the decline in coal prices from peak 2008 levels and the recovery of power demand expected in H2/09. At the moment generation companies are engaged in a cat-and-mouse game with coal producers over pricing. This has led to an unusual stalemate in negotiations as the generation companies stand firm on their demands for cuts in the coal prices agreed in early 2008....

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