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Article: BRIEFING - ASIA RETAIL - AUG 28, 2009.
- Article from:
- AsiaPulse News
- Article date:
- August 28, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on retail for Aug 28, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
VIEWPOINT: WHY CHINA FAILED TO RAISE OIL PRICE WEDS AS EXPECTED
BEIJING - No announcement on a fuel price raise released till today (Friday) has aroused market suspicion of the pricing mechanism, which China should have led to a fuel price by midnight of Wednesday.
There had been market hearsay going that the government may raise prices by 250 yuan (US$36.59) to 350 yuan/tonne for gasoline and diesel retail prices, to track a basket of global ...