(September 8, 2012, New York) The slowdown in China's economic growth is cutting deeper into Indonesia's coal sector, forcing producers to reduce output and slash costs, and testing the resilience of a commodity boom in Southeast Asia's largest economy. This issue will be discussed at China Leaders Forum 2012, "Will the Chinese Tiger Come Roaring Back After the Crisis?", October 2nd, New York City.
Top Indonesian exporters PT Bumi Resources and PT Adaro Energy are feeling the pinch after a 20 percent fall in international benchmark coal prices this year. Moody's Investors Service said Indonesian in d ustry costs in 2012 will rise as much as 15 percent.
Indonesia is the world's largest exporter of thermal coal used by power stations and it provides about half of China's coal imports. As one of the lowest cost producers in the world, it provides a litmus test of the health of the market.
As it will be discussed at China Leaders Forum 2012, "Will the Chinese Tiger Come Roaring Back After the Crisis?", New York, October 2nd (http://www.ChinaLeadersForum.com), with the reduction in coal prices over the past nine months, several companies have cut production and even some marginal companies have closed their operations temporarily.
China Leaders Forum 2012, "Will the Chinese Tiger Come Roaring Back After the Crisis?", October 2nd, New York City, will provide attendees with the responses to the above-mentioned questions and the most up-to-date review of where the Asian giant stands a nd the challenges and opportunities for businessmen looking to expand their business with China when others only see growth contraction. Topics that China Leaders Forum 2012 will discuss include:
· Internationalization of the Renminbi
· Post- crisis relationship between US and China
· The Euro Debt Crisis and How it will Affect the Chinese Economy
· China's Investments in Europe: To Save or Not to Save the Euro?
· What steps China will need to perform in order to maintain its growth and success?
Recognized experts, regulators, and strategists, will return to China Leaders Forum 2012 in its fourth edition to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.
China Leaders Forum 2012 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to firstname.lastname@example.org.