WRAPUP 1-China stocks rise, as do tempers, with fuel price hike


By Chen Aizhu and Simon Rabinovitch BEIJING, June 19 (Reuters) - Chinese stocks soared, oil fell, then steadied and some motorists threw up their hands in despair on Friday after Beijing announced a rise in fuel prices which had not been expected until after the Olympics. China raised retail gasoline and diesel prices by up to 18 percent on Thursday to rein in demand at the risk of stoking inflation which is within striking distance of 12-year highs. Economists however said inflationary ...

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