Beijing cabbies fear loss of business
<p><span word="Download">Download</span></p><p><span word="Beijing">Beijing</span>'<span word="s">s</span> <span word="decision">decision</span> <span word="to">to</span> <span word="increase">increase</span> <span word="taxi">taxi</span> <span word="fares">fares</span> <span word="has">has</span> <span word="fueled">fueled</span> <span word="fears">fears</span> <span word="among">among</span> <span word="cabdrivers">cabdrivers</span> <span word="that">that</span> <span word="it">it</span> <span word="could">could</span> <span word="lead">lead</span> <span word="to">to</span> <span word="a">a</span> <span word="slump">slump</span> <span word="in">in</span> <span word="passengers">passengers</span>.</p><p><span word="City">City</span> <span word="authorities">authorities</span> <span word="will">will</span> <span word="adjust">adjust</span> <span word="tariffs">tariffs</span> <span word="in">in</span> <span word="the">the</span> <span word="next">next</span> <span word="two">two</span> <span word="months">months</span>, <span word="with">with</span> <span word="a">a</span> <span word="hearing">hearing</span> <span word="taking">taking</span> <span word="place">place</span> <span word="to">to</span> <span word="obtain">obtain</span> <span word="advice">advice</span> <span word="from">from</span> <span word="experts">experts</span>, <span word="taxi">taxi</span> <span word="drivers">drivers</span> <span word="and">and</span> <span word="companies">companies</span>, <span word="and">and</span> <span word="legislators">legislators</span>.</p><p><span word="Although">Although</span> <span word="the">the</span> <span word="move">move</span> <span word="is">is</span> <span word="aimed">aimed</span> <span word="at">at</span> <span word="raising">raising</span> <span word="drivers">drivers</span>' <span word="incomes">incomes</span>, <span word="many">many</span> <span word="cabbies">cabbies</span> <span word="fear">fear</span> <span word="it">it</span> <span word="could">could</span> <span word="result">result</span> <span word="in">in</span> <span word="fewer">fewer</span> <span word="people">people</span> <span word="taking">taking</span> <span word="cabs">cabs</span>.</p><p>"<span word="There">There</span> <span word="was">was</span> <span word="an">an</span> <span word="obvious">obvious</span> <span word="slump">slump</span> <span word="when">when</span> <span word="the">the</span> <span word="pricing">pricing</span> <span word="unit">unit</span> <span word="for">for</span> <span word="each">each</span> <span word="kilometer">kilometer</span> <span word="was">was</span> <span word="raised">raised</span> <span word="in">in</span> <span word="Beijing">Beijing</span> <span word="and">and</span> <span word="it">it</span> <span word="took">took</span> <span word="a">a</span> <span word="long">long</span> <span word="time">time</span> <span word="for">for</span> <span word="the">the</span> <span word="market">market</span> <span word="to">to</span> <span word="recover">recover</span>," <span word="said">said</span> <span word="Li">Li</span> <span word="Guang">Guang</span>, <span word="a">a</span> 31-<span word="year">year</span>-<span word="old">old</span> <span word="driver">driver</span> <span word="for">for</span> <span word="the">the</span> <span word="Xinghe">Xinghe</span> <span word="Taxi">Taxi</span> <span word="Co">Co</span>.</p><p><span word="He">He</span> <span word="said">said</span> <span word="he">he</span> <span word="hopes">hopes</span> <span word="the">the</span> <span word="authorities">authorities</span> <span word="will">will</span> <span word="take">take</span> <span word="a">a</span> <span word="possible">possible</span> <span word="slump">slump</span> <span word="in">in</span> <span word="business">business</span> <span word="into">into</span> <span word="consideration">consideration</span> <span word="when">when</span> <span word="raising">raising</span> <span word="prices">prices</span>, <span word="and">and</span> <span word="offer">offer</span> <span word="subsidies">subsidies</span> <span word="when">when</span> <span word="necessary">necessary</span>.</p><p><span word="Jiang">Jiang</span> <span word="Mingsheng">Mingsheng</span>, 56, <span word="voiced">voiced</span> <span word="similar">similar</span> <span word="concerns">concerns</span> <span word="and">and</span> <span word="said">said</span> <span word="he">he</span> <span word="hopes">hopes</span> <span word="taxi">taxi</span> <span word="companies">companies</span> <span word="will">will</span> <span word="reduce">reduce</span> <span word="administration">administration</span> <span word="fees">fees</span> <span word="in">in</span> <span word="the">the</span> <span word="months">months</span> <span word="after">after</span> <span word="prices">prices</span> <span word="are">are</span> <span word="raised">raised</span>.</p><p><span word="However">However</span>, <span word="the">the</span> <span word="cabbies">cabbies</span>' <span word="fears">fears</span> <span word="may">may</span> <span word="be">be</span> <span word="unfounded">unfounded</span>.</p><p><span word="Chen">Chen</span> <span word="Yanyan">Yanyan</span>, <span word="a">a</span> <span word="professor">professor</span> <span word="at">at</span> <span word="Beijing">Beijing</span> <span word="University">University</span> <span word="of">of</span> <span word="Technology">Technology</span>'<span word="s">s</span> <span word="Transport">Transport</span> <span word="Research">Research</span> <span word="Center">Center</span>, <span word="predicted">predicted</span> <span word="it">it</span> <span word="will">will</span> <span word="only">only</span> <span word="take">take</span> <span word="a">a</span> <span word="short">short</span> <span word="while">while</span> <span word="for">for</span> <span word="the">the</span> <span word="market">market</span> <span word="to">to</span> <span word="adapt">adapt</span> <span word="to">to</span> <span word="the">the</span> <span word="change">change</span>.</p><p>"<span word="It">It</span>'<span word="s">s</span> <span word="natural">natural</span> <span word="that">that</span> <span word="the">the</span> <span word="market">market</span> <span word="will">will</span> <span word="react">react</span> <span word="when">when</span> <span word="there">there</span> <span word="is">is</span> <span word="a">a</span> <span word="price">price</span> <span word="adjustment">adjustment</span>, <span word="but">but</span> <span word="that">that</span> <span word="will">will</span> <span word="not">not</span> <span word="affect">affect</span> <span word="demand">demand</span> <span word="in">in</span> <span word="Beijing">Beijing</span>, <span word="and">and</span> <span word="the">the</span> <span word="experiences">experiences</span> <span word="of">of</span> <span word="other">other</span> <span word="cities">cities</span> <span word="such">such</span> <span word="as">as</span> <span word="Shenzhen">Shenzhen</span> <span word="show">show</span> <span word="that">that</span> <span word="the">the</span> <span word="period">period</span> <span word="of">of</span> <span word="recovery">recovery</span> <span word="from">from</span> <span word="the">the</span> <span word="price">price</span> <span word="change">change</span> <span word="will">will</span> <span word="be">be</span> <span word="very">very</span> <span word="short">short</span>," <span word="she">she</span> <span word="said">said</span>.</p>
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