Treehugger: Chinese Government Raises Fuel Prices by 10% (That's Good!)

Those prices are in Yuans per liter, I think.Fuel Subsidies Punish VirtueThe Chinese government has recently decided to raise fuel prices by about 10%, the third increase in the past few months, following a 6-7% increase on June 1st, and a 3-5% increase in March. The stated goal is to bring the price of fuel in China closer to what the market price is.read more




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