Further On Down the Road: New Guidance on the Operation of Petrol Stations
November 30, 2002 | BY
clpstaff &clp articlesNew regulations have been issued that attempt to bring some order to the retail petrol industry, and strengthen the local business environment before the market is liberalized for foreign investment in 2004 per China's WTO commitments.
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By Michael A. Aldrich, Perkins Coie LLP, Hong Kong
Chinese petrol stations have come a long way from the dusty single pump facilities where consumers had to purchase petrol coupons,