China Is Trying to Control the Energy Price Hikes (Jun 22)

BEIJING, June 22 (Xinhua) -- China's top economic planner is to control the spread of price increases after it lifted fuel and electricity prices on Thursday, seeking to avoid fanning inflation.

Local price regulators were urged to tighten price monitoring and control the price increases of other industrial products, the National Development and Reform Commission (NDRC) said in a statement on Saturday.

For more reading: http://news.xinhuanet.com/english/2008-06/22/content_8417505.htm; http://www.calcalist.co.il/world/articles/0,7340,L-3082964,00.html; http://news.xinhuanet.com/english/2008-06/19/content_8402880.htm


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