[ConservativeMind]

By the way, they really aren’t subsidizing the diesel cost by much, if any.

$.64/liter = $2.42/gallon.

Take away just some of our extra taxes placed on gas, and you’ve got the same rate here, also without subsidizing.

[grey_whiskers]

Read the article about the costs to the Chinese oil companies -- it says they lose $200 / tonne (A tonne of diesel?)

And remember the exchange rate, per capita income and most costs are still much less over there.

Cheers!

[BJungNan]

By the way, they really aren’t subsidizing the diesel cost by much, if any. $.64/liter = $2.42/gallon.

Careful. Go out there with too many facts on China and you will be pounced on.