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...
from YouTube on Fri, Jun 20 2008
see also:
| 28 May 08 |
|
Chinese Airlines Raise Fuel Levy »
YouTube video China Southern Airlines and Hainan Airlines say they will raise fuel surcharges on international routes by 33 percent effective June 1. This is to offset pressure of oil price increases - CCTV News |
| 19 Jun 08 |
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China lifts fuel price 18% »
YouTube video China lifts fuel price 18%
Subsidies too expensive
Other nations in same boat
Oil price fell
Panel 2
Dominion Finance
Moratorium started
Maturing investments not paid
Geneva Finance
$500,000 of repayments |
| 18 May 07 |
|
Boeing 747 Dumps Fuel »
YouTube video On May 16 2007, the flight UA 850 from Beijing to Chicago found landing gears could not be retracted after take-off. The airplan dumped the fuel for about two hours, and landed back to Beijing. |
| 08 Oct 08 |
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Cleaner fuel comes at a price in Beijing » People's Daily The Beijing municipal authorities have raised pump prices by up to 4 percent to cover the cost of cleaner fuel. From Tuesday, gasoline prices in Beijing have gone up by 200 yuan ($29.18) per ton, or more than 2 percent, with the quantum of the increase... |
| 01 Jul 09 |
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China's latest fuel price rise triggers public debate » People's Daily 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... |
| 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... |