China May Postpone Fuel Price Increases on Inflation, CICC Says
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China, the world’s fastest-growing major economy, may delay increases in fuel prices because of inflation concerns, the nation’s largest investment bank said.
Adjustments may be postponed even after crude prices have risen 5 percent since the last fuel-price adjustment in October, Bin Guan, an analyst at China International Capital Corp., wrote in an e-mailed note dated yesterday.