Quote:
Originally Posted by jclariel
For sure Canton has the higher GDP as a Province mainly because it has more higher tier cities (say Guangzhou and Shenzhen?) Still, Shanghai along already count 40% of total Canton GDP (2trn of SH vs. 5.3trn in Caton). I was trying to argue that lots of bad news are coming from Canton province which is not the whole picture. I lived in Shanghai for 3 yrs and Beijing for a year and half for work. Frankly don't see much issue with the fuel out there but rather more news from lower tier cities where the business structure gets quite complicated if you know what I mean.
Back to original topic, then counter argument would be if Sinopec adopts the same standard for HK, I don't see low quality fuel issue you mentioned earlier.
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Actually u won't find anything bad (or seemingly bad) regarding fuel in GD or Shanghai or Beijing, but the fact of the matter is the Sulphur content is much higher than EU standard (due to the lower quality crude oil used). That's why some cars don't have direct injection in their PRC spec models or have one of the lean burn modes deleted due to this high Sulphur content. Give u an example, the BMW M60 V8, which is notoriously sensitive to Sulphur in petrol, suffered big engine problems on cars with HK/PRC plates whereas no such problems were found on HK-only cars.
The fuel quality issues I mentioned earlier only applies if Sinopec or PetroChina dominates the whole market instead of the Western guys. U must remember the LPG taxi stalling fiasco which happened earlier...........