China's Lagging West Suffers From Cheap Coal

A truck carries coal on the outskirts of Urumqi in China's Xinjiang region Photograph by Goa Chai Hin/AFP via Getty Images

The woes of China’s resource industries are growing as fast as excess inventories keep building up. And the multiyear slump in commodity prices has been particularly unkind to China’s west, a region that has long lagged the rest of the country in incomes and economic output.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.