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China raises fuel prices by 10%
For the third time in recent months, drivers in China are finding themselves shelling out more each time they fill the tank. In China, retail fuel prices are regulated, just as other aspects of life are. As of this week, gasoline is at $3 per gallon in China, bringing it above prices in the United States. For many years, the Chinese government has held gas prices down to avoid hurting economic growth in the country. The prices are regulated by the National Development and Reform Commission. Prices jumped 6-7 percent a month ago and 3-5 percent ... Read more →
Small cars suddenly selling well in China Jeremy Korzeniewski
No matter where you are in the world, there seems to be a universal truth that when gas prices go up, cars get smaller and more efficient. Even in China. It's sort of like the rule of supply and ...
Beijing increases the price of fuel 2-4% Jeremy Korzeniewski
Back in June, the Chinese government increased the price of gas by an astonishing 16.7-percent overnight in an effort to pass the increased price of oil to its consumers. Since then, the Olympics have ...
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China raises fuel prices by 10% 5 months ago on Autoblog Green
For the third time in recent months, drivers in China are finding themselves shelling out more each time they fill the tank. In China, retail fuel prices are regulated, just as other aspects of life are. As of this week, gasoline is at $3 per gallon in China, bringing it above prices in the United ...
Small cars suddenly selling well in China 10 months ago on Autoblog Green
No matter where you are in the world, there seems to be a universal truth that when gas prices go up, cars get smaller and more efficient. Even in China. It's sort of like the rule of supply and demand, except that there is still just as much actual fuel available as before, but the Chinese ...
Beijing increases the price of fuel 2-4% 1 year ago on Autoblog Green
Back in June, the Chinese government increased the price of gas by an astonishing 16.7-percent overnight in an effort to pass the increased price of oil to its consumers. Since then, the Olympics have come and gone and the city of Beijing has instituted measures to improve the city's air quality. ...
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