china: news and opinion

Price Hike: Beijing's petrol and energy prices go up - and maybe cabs?

by Paul Pennay There were long lines at Beijing's gas stations last night as cab drivers and other motorists rushed to fill up the tank before a 16% increase in fuel prices came into effect at midnight. The price hike, which was decided upon by the... ...full story at The Beijinger

from The Beijinger on Fri, Jun 20 2008

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21 Jun 08		China Raises Gas Prices » YouTube videoCHAN: Chinese authorities unexpectedly raised retail gasoline and diesel prices by up to 18 percent on Thursday, the country's sharpest ever single increase. China's first price hike in eight months comes after little progress has been made toward its...
09 May 09		Chinese ministry rules out sudden fuel price hike » People's Daily The government ruled out any immediate increase in fuel prices on Friday despite increasing market speculation about a possible hike, top pricing officials said. Officials at the National Development and Reform Commission (NDRC) said the recent oil...
11 Nov 07		Beijing increases subsidy to taxi drivers following fuel price hike » People's Daily The Beijing municipal government has decided to subsidize taxi drivers an additional 110 yuan (14.6 U.S. dollars) a month, following last week's 10-percent price hike for gasoline, diesel oil and aviation kerosene. Starting from thi ...
20 Mar 09		Gas price hike on cards » People's Daily China will raise gas prices within the year, industry insiders said yesterday. The current low price scenario for natural resources offers a good opportunity to make price adjustments now, they pointed out. It is the right time for China to hike...
16 Apr 09		China may hike refined oil rates » People's Daily China may raise prices of refined oil products later this month to link the domestic price of gasoline and diesel closer with global crude prices, said industry insiders. This would be the second price hike of domestic refined oil products this...
03 Aug 09		Tax hike targets 'liquor culture' » People's Daily High-end Chinese liquor across the country has undergone a price hike two days after a change in the State consumption tax on liquor took effect. Retailers in cities where liquor prices have not risen are expecting a rise as producers will eventually pass...

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