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China cuts gasoline, diesel prices

China cuts gasoline, diesel prices

China is cutting retail fuel prices for the second time in a month as it tries to boost slowing economic growth.
Wednesday's announcement by the country's planning agency says the state-set pump price for gasoline will fall by 2 percent while diesel will drop 3.2 percent.
The announcement follows a drop in global crude prices and comes as Beijing launches a flurry of measures to revive slowing growth by helping manufacturers, exporters and other companies.


Updated : 2021-02-25 22:18 GMT+08:00