Why China is StillBuilding New CoalExamining the rationaleof China's long-termenergy pathwayAREMarch 2026ASIA RESEARCHENGAGEMENTAsia Research Engagement (ARE)Catalysing corporate change through investor-backed engagement.ARE brings leading investors into dialogue with Asian-listed companies to addresssustainable development challenges and help companies align with investor priorities.With decades of Asia experience,our cross-cultural team understands the region's uniqueneeds.Our high-quality independent research,robust investor network,and engagementexpertise,provide corporate leaders and financial decision makers with insights leading toconcrete action.Current programmes and goals are:Energy Transition:Credible transition pathways in alignment with the ParisAgreement.Protein Transition:Transition pathways working towards our investor-aligned 2030 vision.Founded in 2013,ARE is headquartered in Singapore with an additional office in Beijing anda presence in India and Japan.AuthorWang RanEditing and CommentsMat Oakley,Wai-Shin Chan,Flora Wu,Ben McCarronCover photo by Dongfang Zhao,iStockAREASIA RESEARCH&ENGAGEMENTWhy China is Still Building New Coal