Rise in fuel, home prices stirs debate
By Wang Ying in Shanghai | China Daily | Updated: 2018-10-08 07:53
Analysts, experts wonder if there's a correlation linking rare simultaneous spikes in markets
Prices of fuel and homes generally vary inversely, but sometimes they may tango, creating uncertainty like they are doing now in China, analysts said.
Gasolene prices were hiked on Sept 17 as global crude oil prices continued to rise. It was the second hike in days as domestic gasoline and diesel prices were raised by 170 yuan ($24.8) and 180 yuan per ton on Sept 4.
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