×

Impact of China's Surprise Fuel Hike

10:20 PM ET Thu, 19 June 2008

China's move to hike fuel prices will not have a big impact on its inflation. Frederic Neumann, Asia Pacific economist at HSBC tells CNBC's Amanda Drury & Sri Jegarajah that China's headline inflation would rise 0.6% - 1% over the next few months.