China stimulus news - to cut fuel prices

Chinese media report the country is to cut gasoline, diesel prices

I posted earlier on the PMIs:

• China PMIs: Manufacturing 50.0 (expected 50.2) Services 53.4 (53.8)

Even earlier than that I posted a real quickie preview in which I highlighted some of the stimulus measures being taken, add this fuel price cut to that list.

Did someone say Fuel?

more to come