China's latest fuel prices hike, which is intended to reflect rising international crude cost, sparked widespread debate as consumers grumbled that the record domestic prices were even higher than those in the United States, the world's biggest oil... ...full story at People's Daily
from People's Daily on Wed, Jul 01 2009
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| 20 Jun 08 |
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Motorists queue ahead of China fuel price rise - 20 June 08 »
YouTube video On Friday Beijing hiked the cost of fuel by 18-percent. As a result -on the other side of the globe in New York - oil prices fell by almost five-dollars. Traders are worried that Chinese consumers won't buy as much petrol - dampening global demand for... |
| 21 Jun 08 |
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NDRC: Latest fuel, electricity price rise part of "steady" reform on resources prices » People's Daily National Development and Reform Commission (NDRC) experts told Xinhua on Friday that Thursday's move to raise fuel and electricity prices was intended to adjust market supply and demand and better allocate resources with the leverage of pri ... |
| 25 Mar 08 |
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China's oil giants blame price rise rumors for worsening fuel supply crisis » People's Daily China's major oil suppliers denied rumors about oil price rises, and blamed the rumors for the worsening fuel supply shortfall that is spreading northward across the country. High international oil prices have fuelled price rise pro ... |
| 19 Dec 08 |
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China cuts fuel prices earlier than expected » People's Daily Taxi driver Qu waited patiently in the December night chill as a gas station boy changed the price tag, which indicated China's unified fuel price cut effective early Friday morning. The country slashed the benchmark prices for fuel from 6.37 yuan... |
| 28 Nov 08 |
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Fuel tax unlikely to hike inflation » People's Daily China's impending fuel tax reforms would not lead to a substantial hike in the country's inflation level as consumer prices are softening and the global and domestic economies are slowing, analysts said. The National Development and Reform Commission... |
| 13 Jan 09 |
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NDRC rules out fuel price cuts » People's Daily The National Development and Reform Commission has ruled out a further reduction in the prices of gasoline and diesel, despite the fall in global crude prices. The NDRC, which sets energy policy and fuel prices in China, said it would not lower the... |
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