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Thread: China should stop its interference in the domestic oil prices?
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[quote=FRANKENSTEIN,277575]Impacted by the high oil prices in the international market, the refined oil prices in China have also been sky rocketing. In order to stablize the market, the government require these oil corporations such as PetrolChina and SINOPEC not to raise the prices. On the other hand, the government allocates a large amount of money to these two oil corporations as subsidies. However, the insiders of SINOPEC say that the subsidies can't reslove the problem. The key is to raise the oil prices in domestic to meet the international standard. Some oppose to raise the oil prices. What do you think? Should China stop its interference in the oil prices?[/quote]
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