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Govt offers subsidies to sectors hit by price hikes
By Wan Zhihong (China Daily)
Updated: 2008-06-21 09:50

Govt offers subsidies to sectors hit by price hikes

A customer watches a petrol station attendant fill her car's petrol tank in Nanjing, Jiangsu province June 20, 2008. China's hike in domestic fuel and electricity prices is set to boost stock indexes as shares in oil refiners and power generators rise, while it will put upward pressure on long-term bond yields, analysts said on Friday. [Agencies]


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