Chinese Oil Conundrum

Monday, June 30, 2008 | 03:30 AM

China's subsidized fuel prices worked miracles in the past, but because they hurt energy stocks, they are now a major policy concern.   

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Related:
For Chinese, the Reality of Higher Gas Prices   
JIMMY WANG
NYT, June 21, 2008
http://www.nytimes.com/2008/06/21/business/worldbusiness/21gas.html

Monday, June 30, 2008 | 03:30 AM | Permalink | Comments (9) | TrackBack (0)
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Comments

I know this is off topic, but it seems that just as the Fed and the ECB differ on monetary policies, the US media coverage of the looming crisis is not the same as in Europe.

With all due respect Barry, even you seem to show "restraint".

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/23/cccrisis123.xml&page=1

~~~
BR: I often link to the UK papers -- Financial Times, Telegraph, London Times, Guardian, and in general, their reporting is more aggressive and shows no cheerleading.

However, I have enough of a (undeserved) reputation for being a perma-bear. Sensationlist forecasts of another great depression aren't my thing . . .

Posted by: OldBrokenRecord | Jun 30, 2008 4:28:41 AM

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