Motorists queue ahead of China fuel price rise - 20 June 08
- 12 years ago
On Friday Beijing hiked the cost of fuel by 18-percent. As a result -on the other side of the globe in New York - oil prices fell by almost five-dollars. Traders are worried that Chinese consumers won't buy as much petrol - dampening global demand for oil. Al Jazeera's Laura Kyle reports on how China's price rise is providing hope for the rest of globe.