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Diesel Shortage Erupts Across China; Gas Stations Limit Supply or Halt Sales

10.29 ·Reported ·Importance IV ·Sources 3 ·China

Recently, diesel shortages have erupted in places including Hebei, Shandong, Zhenjiang in Jiangsu, Huangmei in Hubei, Daguan in Yunnan, and Shenzhen. Many gas stations have announced temporary rationing or even suspension of diesel sales, with per-vehicle refueling limits generally capped between 100 to 500 yuan or a maximum of 100 liters. [Follow-up · October 28, 2026] On October 28, netizens across the country reported that diesel is being rationed or is unavailable. Industry insiders analyze that government price caps have led to a price inversion between wholesale and retail, making gas stations and refineries unwilling to produce or sell at a loss. Compounded by international supply tensions due to conflicts in the Middle East, diesel prices have risen sharply.

Netizen Posts Video Raging at LPG Price Hike to 145 Yuan

10.25 ·Reported ·Importance I ·Sources 2 ·China

Recently, a netizen posted a video angrily denouncing the price hike of liquefied petroleum gas, saying that gas costing 20 to 30 yuan was being sold for 145 yuan, cursing the merchants as bandits and robbers, which resonated with netizens in the bullet comments.

CSI 300 Enters Technical Bear Market; STAR 50 and ChiNext Down About 40% in the Second Half

10.22 ·Reported ·Importance III ·Sources 1 ·China

On October 22, the CSI 300 index closed down 1.84%, falling about 20% from its June high and entering a technical bear market; according to Bloomberg, the STAR 50 and ChiNext indices have both fallen about 40% in the second half of the year, and analysts believe the national team may need to buy more and for longer.

The Moment the Red Line Is Breached Under Pressure to Increase Fiscal Budget Revenue

09.26 ·媒体评论 ·Importance V ·Sources 1 ·China

Simulations and calculations show that, in order to hold to the general budget target, the government's continued intensification of tax collection would make the tax base and corporate profits unable to bear the load, and the moment the red line is burned through falls around October 2028.

China Plans Massive Investment in AI as Youth Unemployment Rises to 18.9%

09.21 ·Reported ·Importance IV ·Sources 1 ·China

Reports on September 21 showed that the unemployment rate among non-student youth aged 16 to 24 in China rose to 18.9%, amid a continuing economic downturn. Although multiple economists have warned that AI is unlikely to drive employment, Beijing still plans to invest approximately $295 billion over the next five years to build a national data center network. Xi Jinping emphasized the importance of focusing on "hard power" rather than just GDP.

High-Speed Rail Discounts Narrow Before National Day, Sparking Fare Hike Controversy

09.20 ·Reported ·Importance II ·Sources 1 ·China

On September 17, media reported that high-speed rail and bullet train discounts narrowed ahead of the National Day holiday, resulting in actual fare increases. 12306 customer service responded that holiday fare fluctuations are normal, triggering public dissatisfaction, with some netizens calling for a boycott through refraining from consumption.

Evergrande Auto Announces Exit from Vehicle Manufacturing, Liabilities Exceed 32.7 Billion Yuan

09.18 ·Reported ·Importance III ·Sources 1 ·China

On September 17, Evergrande Auto released its 2026 interim results, showing that the company has only 7 employees left, with total assets of approximately 182 million yuan and liabilities as high as 32.722 billion yuan. The company explicitly stated that it has exited the vehicle manufacturing business and has no intention to resume it, with the net profit for the first half of the year mainly derived from exchange gains on borrowings.

Five Thousand People Compete for One Public Institution Position in Yunnan

09.13 ·Reported ·Importance III ·Sources 1 ·Kunming

On September 10, the Yunnan Provincial Department of Transport announced the application status for public institution recruitment. Among them, the "Admissions and Employment Management Post" at the Yunnan Transport Technician College recruited only 1 person, but attracted 5,172 applicants, with 4,953 passing the review and 2,106 completing the payment. This position has no major restrictions and is included in the public institution establishment.

Video of a girl eating leftover food from a trash can garners attention

09.13 ·Reported ·Importance II ·Sources 1 ·China

On September 11, a video circulated online showing a girl searching for and eating leftover food from a trash can, which garnered widespread attention and shares. The comment section for the related video was strictly limited, displaying only 3 comments, while a large number of netizens used bullet comments to express sarcasm and commentary.

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