The National Development and Reform Commission (NDRC) timed its fuel price hike on June 19 to perfection. Everyone was taken by surprise.
“Few people predicted the government’s decision. We did not expect it either,” said Zhang Chengrun, chairman of the Shandong Private Oil and Gas Association, which represents private refiners in the eastern province.
The NDRC successfully kept a lid on the move, without giving the game away. Two weeks earlier, an NDRC official ...
“Few people predicted the government’s decision. We did not expect it either,” said Zhang Chengrun, chairman of the Shandong Private Oil and Gas Association, which represents private refiners in the eastern province.
The NDRC successfully kept a lid on the move, without giving the game away. Two weeks earlier, an NDRC official ...
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