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China To “Perfect” Gas Pricing Mechanism This Year

From Reuters: China said on Monday it will perfect its natural gas pricing mechanism and push forward reforms on power prices this year, part of efforts to encourage energy savings and change its energy-intensive development...

Asia Seeks Resources Bargains As Prices Slump

Miyoung Kim and Joseph Chaney report in Reuters, via forexpros.com: A collapse in commodity prices due to the global financial turmoil is a blessing for Asia, whose huge appetite for natural resources has prompted cash-rich...

China Raises Gasoline and Diesel Prices

On Friday new retail prices for gasoline, diesel and jet fuel came into effect in China. From Asia Times: The retail price for petrol was raised 16.7% to 6,980 yuan (US$1,014) a tonne, effective on Friday, by the National...

China Braces for Leap in Gas Prices

From The LA Times: The lines are getting longer, and Tang Yao is finding fewer gasoline stations open in his neighborhood here. But the 48-year-old motorist has no gripes about the price at the pump. While consumers in much of...

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