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Thread: Raising processed oil prices will trigger the CPI increase?
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[quote=ICEBERG,252702]Influenced by the surging oil prices in the international market, China is considering lifting the processed oil prices. However, it fears that the CPI will continue to increase if the processed oil prices are lifted. According to the source, the China National Petroleum Corporation (CNPC) and China Petroleum and Chemical Corporation (Sinopec) have already submitted applications to lift processed oil prices. Confronted with this situation, perhaps Chinais possible to lift the processed oil prices. On the CPI issue, do you think that it will increase if the oil prices are lifted?[/quote]
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