Further On Down the Road: New Guidance on the Operation of Petrol Stations

New 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.

9 minute readNovember 30, 2002 at 11:58 PM

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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, sometimes from an attendant nonchalantly smoking a cigarette, before filling up their cars.

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