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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 →
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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 ...
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