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China has zero tariff on Russian coal, but Russia is considered to levy coal export tax. What is China's response to this?
Due to epidemic and conflict, the global commodity supply is decreasing, but people's demand has not changed, but is increasing. Energy supply has also become the focus of attention in many countries. The export volume of many countries is decreasing, especially after the conflict between Russia and Ukraine, the United States and western countries announced an embargo and sanctions on Russian energy, and many countries have reached the point where there is no energy available. The European Union's decision to stop buying Russian crude oil, coupled with the ban on importing Russian coal, has led to soaring energy prices, which has caused headaches for Europeans who are about to enter the winter. When Russia tries another strategy, European countries can't wait to restart natural gas.

The starting price is under discussion, and the tariff above this price is about 9 to 10 USD per ton. Boris, head of analysis department of Alpha Bank? Boris Alpha said that according to the current ruble exchange rate and the proposed export tariff, Russia is expected to export 200 million tons of coal this year, which may increase the income of 654.38+02 billion rubles. Once Russia starts to tax coal, European countries will bear higher coal prices. Although European countries do not buy coal directly from Russia, Russian coal flowing into the international market will eventually be bought by European countries. After the introduction of the EU coal ban, they plan to increase coal imports from Australia and Indonesia, but Australia is far away from Australia, and it will take nearly two months to arrive, and Indonesia does not have enough reserves to meet the demand, so Europeans still have to pay for Russian coal.

Putin's counterattack made European countries more nervous. He not only demanded to buy energy with rubles, but also directly cut off the natural gas supply in two European countries. The panic in Europe lasted for some time, but as a result, Europe followed the US sanctions, which can be said to be self-inflicted. During the conflict between Russia and Ukraine, China increased its cooperation with Russia, in which coal import became a bright spot. China announced the imposition of tariffs on coal imports, which also means that coal prices in China will remain stable in the future, while the United States is well aware that China's coal import tariffs will be reset, and Russian cooperation will be further strengthened in the future.