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China cuts gasoline， diesel prices from Dec.19

China started to cut prices for gasoline， diesel and jet fuel at the zero hour December 19. The price of gasoline is cut by 13.8 percentwhile the price of diesel has fallen by 18 percent.Jet fuel prices have dropped by 32 percent. The cuts will help trucking companies，airlines，factories and others that are being squeezed by high fuel prices and a slump in sales.