SHANGHAI — A nationwide hike in gasoline prices means a boost in business for China's oil listed refineries but could spell trouble for the country's transportation companies. China raised wholesale gasoline prices by 10%. Wholesale oil prices were hiked 3%. Automakers with ventures in China, such as General Motors Corp. and Volkswagen AG, appear unfazed by the news, believing the government may cut car-related fees to compensate for the rising gas prices. Oil refineries Shanghai ...
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