Petrol in India is More Expensive than 98 Other Countries
By siliconindia   |   Friday, 04 November 2011, 01:30 IST   |    1 Comments
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China
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With 1.3 billion people, the People's Republic of China is the world's most populous country and the second largest oil consumer, China has been undergoing a process of industrialization and is one of the fastest growing economies in the world. China's economy since the 1970s has changed from a closed, centrally planned system to a more market-oriented one that plays a major role in the global economy, in 2010 China became the world's largest exporter. The petrol price based on PPP is $1.95 and diesel price is $1.83.