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

Newswire

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 ...

Premium Content (PAID Subscription Required)

"WRAPUP 1-China stocks rise, as do tempers, with fuel price hike" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×