China’s Energy Crisis
... into force on March 1, 2021. For the first time ever, the Code imposed criminal liability for potentially dangerous illegal actions even if they do not result in major accidents with a large number of victims or in other grave consequences. Besides, China’s coal businesses do not have the right to mine coal in excess of their licensed capacity. It has become all too risky to mine coal above that figure, which companies could easily do before. As a result, the drop in production was estimated at 90 million ...