Dian Qu

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

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Recent China research

* Korea: Jaw Jaw, not War War – for now, Jonathan Fenby, 28 Apr 2017
* China: Regulators get serious, Larry Brainard, Michelle Lam, Trey McArver, 27 Apr 2017
* China’s long march to LNG, Stephen O'Sullivan, 26 Apr 2017
* China: Outperformance, Bo Zhuang, Jonathan Fenby, Larry Brainard, Michelle Lam, Trey McArver, 20 Apr 2017
* China: Approaching the mini-cycle’s peak, Michelle Lam, 13 Apr 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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