Chinese coal prices have more than doubled this year, but by law their utility companies can only raise power prices 10%. Unsustainable. What will win, loss of face when Xi has to start buying Australian coal again? Or, let the Chinese economy crash, and save face. Or, raise utility rates to raise to market values in direct opposition to communist ideals. This is a good example of 'central planning', the government, any government, controlling everything from healthcare to utilities.
