China Environmental Law

A discussion of China’s environmental and energy laws, regulations, and policies

China Environmental Law header image 4

Entries Tagged as 'fuel prices'

Fuel Taxes Up; Fuel Prices Down

December 19th, 2008 · No Comments

In a surprising move, China reduced gasoline and diesel prices at the pump one week before imposing its much publicized increase in the fuel tax.
Xinhua reported that the “benchmark” retail price for fuel, presumably Grade 93 gasoline, was slashed approximately 14% from “6.37 yuan (0.93 U.S. dollar) per litre to 5.46 yuan.”  The wholesale benchmark [...]

[Read more →]

Tags: fuel prices