Fuel price increase inappropriate
China Daily | Updated: 2009-07-03 07:55
Since the economy is still recovering from the impact of the global economic downturn, the fuel price rise seems inappropriate, says an article in the Beijing Times. Excerpt:
The increase in fuel prices may be good news for stock market investors, but has had the opposite effect on most of the people. Since the national economy is still recovering from the blows of the global economic crisis, the increase in fuel prices is definitely a negative factor for many enterprises.
We believe the price rise goes against the grain of the stimulus policies of the government.
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