反 反贼网
Topic index / Price Inflation / Full chronicle

Price Inflation · Full chronicle and history

2026-10-29
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.
Location: China · Importance IV · Verification: Reported · View causal chain →
2026-10-29
On October 29, the Chinese government announced that domestic refined oil prices would be raised again that night, just as diesel supplies are tight during the busy autumn harvest season.
Location: China · Importance II · Verification: Reported · View causal chain →
2026-10-26
On October 26, a netizen in Heilongjiang filmed a video showing farm machinery and vehicles queuing up at a gas station, stating that diesel fuel is currently extremely hard to come by.
Location: Heilongjiang · Importance II · Verification: Reported · View causal chain →
2026-10-25
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.
Location: China · Importance I · Verification: Reported · View causal chain →
2026-10-23
On October 23, a Douyin video relayed an oil price forecast released by state media: domestic fuel prices are expected to rise by 275 yuan per ton at 24:00 on October 29. In the comments section, a netizen posted footage of street protests in France with the caption "take notes," sparking a wave of angry abuse.
Location: China · Importance II · Verification: Reported · View causal chain →
2026-10-22
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.
Location: China · Importance III · Verification: Reported · View causal chain →
2026-10-22
According to a report by Yicai on October 22, from January to September 2026, nationwide urban and rural residents' household electricity consumption was 123.46 billion kilowatt-hours, down 0.3% year-on-year — the first decline for the same period in nearly ten years.
Location: China · Importance III · Verification: Reported · View causal chain →
2026-01
From January to May 2026, Beijing's total retail sales of consumer goods fell by 2.5% year-on-year.
Location: Beijing · Importance II · Verification: Reported · View causal chain →
2026-09-26
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.
Location: China · Importance V · Verification: 媒体评论 · View causal chain →
2026-01
According to data cited in the video, in the first five months of 2026, China's land transfer revenue fell by nearly 30% year-on-year, a steeper decline than for the whole of 2025.
Location: China · Importance IV · Verification: Reported · View causal chain →
2026-09-21
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.
Location: China · Importance IV · Verification: Reported · View causal chain →
2026-09-17
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.
Location: China · Importance II · Verification: Reported · View causal chain →
2026-09-17
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.
Location: China · Importance III · Verification: Reported · View causal chain →
2026-09-10
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.
Location: Kunming · Importance III · Verification: Reported · View causal chain →
2026-09-11
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.
Location: China · Importance II · Verification: Reported · View causal chain →
2026-09-11
Starting from 24:00 on September 11, the National Development and Reform Commission announced a price increase for refined oil products, with gasoline and diesel rising by 260 yuan and 250 yuan per ton, respectively, despite implementing a so-called temporary price control. Combined with the price adjustment on August 28, these two rounds of increases have added approximately 0.48 yuan per liter for 92-octane gasoline and 0.52 yuan per liter for 0-diesel.
Location: China · Importance III · Verification: Reported · View causal chain →
2026-09
China's National Bureau of Statistics released fixed-asset investment data for January to August. Investment nationwide fell 7.2% year-on-year, while in the Northeast region fixed-asset investment dropped 25.5%, with Liaoning down nearly 30% in the first half of the year.
Location: Liaoning · Importance IV · Verification: Verified · View causal chain →
2026-09
A number of large companies in the Chengdu area have carried out layoffs, with many people job-hunting for as long as two or three months, while small companies have successively suffered losses and gone out of business, showing the impact of the economic downturn on the city's job market.
Location: Chengdu · Importance III · Verification: Reported · View causal chain →
2026-09
There has been a significant increase in the number of middle-class business owners in Shandong, Henan, and Hebei inquiring about immigration and applying for passports, which may be related to concerns about the domestic economic outlook.
Location: Hebei, Henan, Shandong · Importance III · Verification: Reported · View causal chain →
2026-09
China's published fiscal data shows that in the first 8 months of 2026, revenue from state-owned land transfers exceeded 1.3 trillion yuan, a year-on-year decline of 28.6%.
Location: China · Importance III · Verification: Official claim · View causal chain →
2026-09
China's fiscal data show that in the first 8 months of 2026, debt interest payments approached 1 trillion yuan, a year-on-year increase of 5.4%.
Location: China · Importance III · Verification: Official claim · View causal chain →
2026-09
A large number of closed shops and faded 'for transfer' or 'for rent' advertisements have appeared on the streets of Xiamen, with some restaurant owners stating they can no longer afford the rent.
Location: Xiamen, Fujian · Importance II · Verification: Reported · View causal chain →
2026-09
A videographer at Huijing Life Plaza near Luban Road subway station in Huangpu District said that multiple shops have closed, with Starbucks, a beef restaurant, a barbecue restaurant and an education and training institution among those that have ceased operations, and foot traffic in the mall is sparse.
Location: 中国上海市黄浦区 · Importance II · Verification: Reported · View causal chain →
2026-09
A videographer at New Continent Plaza in Lujiazui, Pudong, said that many shops in the plaza had already closed, and the shops on the second floor were also relatively deserted.
Location: 中国上海市浦东新区 · Importance II · Verification: Reported · View causal chain →
2026-09
A Shanghai netizen said that in the Changshou Road area, some people who have nowhere to live bring blankets at night and sleep on other people's spare sofas, and when the weather is warm, some also sleep under bridges.
Location: 中国上海市普陀区 · Importance II · Verification: Reported · View causal chain →
2026-08-28
On August 28, the National Development and Reform Commission raised domestic refined oil prices, with gasoline and diesel up 375 yuan and 360 yuan per ton respectively, marking the first of two rounds of oil price hikes within 14 days.
Location: China · Importance IV · Verification: Reported · View causal chain →
2026-08-21
Data released by the Ministry of Finance of the Chinese Communist Party (CCP) shows that land grant revenue across China fell by 31% from January to July 2026.
Location: China · Importance III · Verification: Reported · View causal chain →
2026-08-09
On August 8, 2026, China's National Bureau of Statistics released data showing that the Consumer Price Index for July rose 0.5% year-on-year and the Producer Price Index rose 3.5% year-on-year, both below market expectations, indicating insufficient momentum for domestic demand recovery.
Location: China · Importance IV · Verification: Official claim · View causal chain →
2026-08
According to projections based on multiple independent channels, approximately 3.84 million businesses across China permanently ceased operations in the first half of this year, with a half-year exit rate exceeding 11%.
Location: China · Importance IV · Verification: Reported · View causal chain →
2026-07-30
Data from the National Institution for Finance and Development show that the household sector's leverage ratio stood at 59.0% at the end of Q1 2026 and dropped to 57.7% in Q2, while household mortgage debt has recorded negative growth for 13 consecutive quarters since Q2 2023.
Location: China · Importance IV · Verification: Verified · View causal chain →
2026-07-22
In the first quarter, 28 provincial-level administrative regions in China had a general public budget self-sufficiency rate of less than 100%, meaning local budget revenue was insufficient to cover expenditures.
Location: China · Importance III · Verification: Reported · View causal chain →
2026-07
The video claims that in 2026 the central government's annual new debt will reach 16 trillion yuan, higher than the 7.2 trillion yuan in 2021.
Location: China · Importance IV · Verification: Reported · View causal chain →
2026-07
The video claims that more than 70% of the debt currently issued by the Chinese Communist Party is bought by banks.
Location: China · Importance III · Verification: Reported · View causal chain →
2026-07
The host noted that many private schools in China had difficulty recruiting students last year, with some even receiving zero applications, leading to the closure of some schools. This reflects the impact of the current economic downturn on the education sector.
Location: China · Importance III · Verification: Verified · View causal chain →
2026-07
The ten-year government bond yield has fallen to 1.74%, half the average level of the past twenty years, deepening the income crisis for long-term assets such as pension funds.
Location: China · Importance III · Verification: Reported · View causal chain →
2026-06-17
At the Shenzhen import and export trade fair, due to a scarce turnout of buyers and suspicions of hiring fake foreigners to pad attendance, hundreds of exhibitors staged a collective protest demanding refunds of tens of thousands of yuan in exhibition fees, while a large contingent of SWAT police confronted and suppressed them at the scene.
Location: Shenzhen, Guangdong · Importance III · Verification: Reported · View causal chain →
2026-06-12
According to the Chinese Communist Party's March budget execution report, the scale of statutory government bonds has officially surpassed 100 trillion yuan, while hidden debt is estimated at no less than 90 trillion yuan.
Location: China · Importance IV · Verification: Official claim · View causal chain →
2026-06
According to statistics from the Magic Mirror Insight monitoring agency, mainstream e-commerce mooncake sales from June to August 2026 totaled 439 million yuan, down 21.6% year-on-year.
Location: China · Importance II · Verification: Reported · View causal chain →
2026-05
The National Bureau of Statistics of the Chinese Communist Party released data for January to April, showing a year-on-year increase of 18.2% in total profits, but profits in the real estate chain—such as non-metallic minerals and ferrous metal smelting—plunged sharply, showing extreme divergence.
Location: China · Importance III · Verification: Verified · View causal chain →
2026-05
Total retail sales of consumer goods in May showed their first negative value since the pandemic, foreign investment, confidence index, and local government finances all hit record lows, while the official unemployment rate slightly dropped to 5.1%.
Location: China · Importance III · Verification: Official claim · View causal chain →
2026-04
In the first quarter of 2026, China issued more than 6.7 trillion yuan in government bonds, of which local government bonds exceeded 3.1 trillion yuan and treasury bonds exceeded 3.6 trillion yuan.
Location: China · Importance III · Verification: Verifying · View causal chain →
2026
The video cited data claiming that China's property yields are about 2.26%, below the 3.5% benchmark cost of funds, with a net carry of about -1.24%; no public report of this data could be found.
Location: China · Importance IV · Verification: Hearsay · View causal chain →
2026
In 2026, the posted one-year lump-sum deposit rate at large state-owned banks was 0.95% and the three-year rate was 1.25%; the video analyzed on this basis that the purchasing power of household savings is being eroded by inflation.
Location: China · Importance IV · Verification: Verified · View causal chain →
2026
After peaking at 13.42 million in 2024, the number of Gaokao registrations in China has continued to decline, dropping to 12.9 million in 2026, a decrease of 450,000 from the previous year.
Location: China · Importance III · Verification: Reported · View causal chain →
2026
Leiyang, Hunan once claimed that its industrial park had introduced more than 60 enterprises, but in reality, there were only 5 enterprises with fewer than 100 employees.
Location: 湖南省耒lei3阳市 · Importance II · Verification: Reported · View causal chain →
2026
According to Caicai magazine, Xiaomi Home has closed more than 2,000 stores within half a year.
Location: China · Importance II · Verification: Reported · View causal chain →
2025-04-22
From 2010 to 2024, the permanent resident population of the three northeastern provinces dropped by 14.56 million from a peak of 109 million, including 2.23 million in Liaoning, 4.293 million in Jilin, and 8.043 million in Heilongjiang, bringing the total back to the level of the 1980s.
Location: 中国东北三省 · Importance IV · Verification: Reported · View causal chain →
2025
According to forecasts by CCP statistics departments cited in the video, China's working-age population will decrease by 250 million between 2025 and 2050, weakening the demographic foundation for home purchases and credit expansion.
Location: China · Importance V · Verification: Reported · View causal chain →
2025
Official data shows that in 2025, nearly 160,000 people nationwide were disciplined for issues such as "inaction, arbitrary actions, and fraud," a year-on-year increase of 16%.
Location: China · Importance IV · Verification: Hearsay · View causal chain →
2025
In the first three quarters of 2025, China's net direct investment was negative.
Location: China · Importance IV · Verification: Reported · View causal chain →
2025
In 2025, China's use of foreign capital fell 9.5% year-on-year, marking the third consecutive year of decline.
Location: China · Importance IV · Verification: Reported · View causal chain →
2025
According to the 2025 China Sports and Fitness Industry Data Report, the total number of fitness members nationwide in China exceeds 84 million, down 3.44% year on year.
Location: China · Importance II · Verification: Reported · View causal chain →
2025
According to conservative estimates by Bloomberg, by the end of 2025, over 100 million of China's 1.1 billion adult population faced overdue debts, accounting for a staggering 10.6%.
Location: China · Importance IV · Verification: Reported · View causal chain →
2024
In 2024, China's net direct investment was negative 0.8% of gross domestic product.
Location: China · Importance IV · Verification: Reported · View causal chain →
2024
Hailun's general public budget revenue in 2024 was 6.77 hundred million yuan and expenditure was 72.64 hundred million yuan, with revenue accounting for about 9% of expenditure.
Location: Hailun, Heilongjiang · Importance III · Verification: Reported · View causal chain →
2024
Hailun budgeted 38.3 million yuan in revenue from fines and confiscations at the beginning of the year, but actual revenue at year-end was 59.51 million yuan, a budget completion rate of 155%.
Location: Hailun, Heilongjiang · Importance III · Verification: Reported · View causal chain →
2023
In 2023, China's net direct investment widened to negative 1% of gross domestic product.
Location: China · Importance IV · Verification: Reported · View causal chain →
2022
In 2022, net direct investment on China's balance of payments turned negative for the first time, at -0.1% of gross domestic product.
Location: China · Importance IV · Verification: Reported · View causal chain →
2022
According to reports, by 2022 Zibo's debt increased to approximately 108 billion RMB, doubling from before Jiang Duntao took office.
Location: Zibo, Shandong · Importance III · Verification: Reported · View causal chain →
2021
China introduced policies targeting after-school tutoring and the private education industry; the video claims that education and training institutions such as New Oriental were hit as a result.
Location: China · Importance III · Verification: Reported · View causal chain →
2020-05-28
On May 28, 2020, at the closing press conference of the Two Sessions, Li Keqiang said that China's per capita annual income is 30,000 yuan, but 600 million people earn only 1,000 yuan a month.
Location: Beijing, China · Importance IV · Verification: Verified · View causal chain →
2020-03-16
Driven by the market collapse triggered by the epidemic, the VIX hit a record single-day closing high of 82.69, the highest since its inception in 1990.
Location: United States · Importance IV · Verification: Verified · View causal chain →
2016-09
In September 2016, Dushan County in Guizhou broke ground on a nearly 100-meter-tall all-wood Water Company Building despite fiscal revenue of less than 1 billion yuan, taking on nearly 200 million yuan in debt; it later became an unfinished project after the funding chain broke.
Location: Dushan County · Importance IV · Verification: Verified · View causal chain →
2010
Heilongjiang's resident population fell from a peak of 38.33 million in 2010 to 30.01 million in 2025, a decrease of 8.32 million over 15 years.
Location: Heilongjiang · Importance IV · Verification: Reported · View causal chain →
1990
In 1990, China's GDP growth fell further to 3.8%, and the economic situation was severe.
Location: China · Importance III · Verification: Verified · View causal chain →
1988
In 1988, the national overall retail price index rose by about 18.5%, the first inflation peak since the reform and opening-up, and a wave of panic buying occurred that year.
Location: China · Importance IV · Verification: Verified · View causal chain →