NEW YORK ( TheStreet) -- Coal remains a key energy source contributing about 30% toward world electricity generation. It is the most abundant and widely distributed fossil fuel and it's an affordable energy source. China is the world's largest producer and consumer of coal and will continue to remain one with the kind of growth forecasted for the power and steel industry.We have identified two stocks which we believe are value picks, will benefit from the growing China story and should carry weight in a portfolio. The stocks are SinoCoking Coal and Coke Chemical Industries (SCOK), and Yanzhou Coal Mining (YZC). Both the stocks have corrected between 15% to 35% during the past month and present an attractive buying opportunity.
Two Undervalued China Coal Stocks
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