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the rising fule price = (Chinese government's )Donation + Luxurious drinks? [Copy link] 中文

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Post time 2011-4-17 17:43:14 |Display all floors
the rising fule price = (Chinese government's )Donation + Luxurious drinks?

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Post time 2011-4-17 17:45:33 |Display all floors
Chinese generous donation to japan on March, 2011

Donated Fuel 20,000 tons
value RMB 154 million

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Post time 2011-4-17 17:55:14 |Display all floors
Within a week, Guangdong office of one Government-own petrol company, Sinopec, had bought RMB 3 million luxirious drinks (both foreign brand such as Lafite Rothscild 1996 wine and Chinese brand)

A whistleblower revealed this scandal on the internet last week. This government-own company, Sinopec, had to change the local number 1 leader lately.

It said that the Censoring system and Sinopec are busy on investigating who is the whistleblower and plan to punish this whistleblower seriously.


source: many pics of the company documents in Chinese media and forums.

[ Last edited by 468259058 at 2011-4-17 06:22 PM ]

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Post time 2011-4-17 17:56:26 |Display all floors
Chinese government raised the fuel prices lately.

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Post time 2011-4-17 18:03:06 |Display all floors
Last year, a whistleblower revealed that Chinese government-own petrol company sold the same fuel at a much higher price in domestic market than foreign market.

One Chinese part commerical media proved it true from the data of China's custom.

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Post time 2011-4-17 18:04:30 |Display all floors
A few years ago, a whislteblower revealed that Chinese government-own petrol company had bought the same crude oil from the same American company at a much higher price than South Korean companies, than Japanese comapanies, than Indian companies.

That Chinese government-own petrol company replied that the prices comparisons are not right owing to many factors behind the deals.

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Post time 2011-4-17 18:08:50 |Display all floors
Many years ago, one government-own petrol company sold its share in Chinese stock market to Mainland Chinese at the price as much as tens of times of the prices in American stock market to American people.

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