Zaobao Zaobao: the gasoline prices set to rise this week.
by wudao | Posted on Aug 25 2009 | Zaobao! Zaobao! 0 Comments | 0 Bookmarked
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Cheap diesel no more. The global demand and supply wave will reach the shores of China this week. As the International oil prices have gone up almost 4% in the past few weeks, experts are expecting the prices of gasoline in China to go up by the same number. Currently, drivers in China are still enjoying a deep discount on prices from gas stations across China. One station in Shanghai is offering #90 gasoline at 0.31RMB discount.

Unfortunately, the old times of self sustained economy is over when WTO comes knocking on the door. Instead of a super cheap only-in-China price, driver faces global reality, but it’s still better than a 100RMB per month salary.

Other Headlines Today

  • If anyone didn’t know, which is normal, tomorrow will be the Chinese valentine’s day on the lunar calendar. On this special occasion, couples light a lantern and watch it carry their wish to heaven. This traditional might have to be stopped because it affects the safety of air travelers. Airborne objects will not be allow to fly above 150 meters in or prepare to pay a 10 to 50 thousand RMB fine.

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