(EnergyAsia, March 27) — Bowing to the inevitable, China raised retail gasoline and diesel prices by 3% to 5% yesterday to reflect higher prices on the world market. But there had been a lot of hand wringing accompanying the decision as the government fears the rise will fuel inflation and stir popular discontent. The…
CHINA: Political problems feared despite small rise in domestic fuel prices
Posted on March 27, 2006 by EnergyAsia