Chinese Regimes Cap on Fuel Price Hike Is Price Gouging in Disguise, Analysts Say

Date:

Car owners line up to refuel at a gas station in Beijing on March 23, 2026. Lintao Zhang/Getty ImagesThe Chinese communist regime has implemented temporary regulatory measures to limit the price hike for retail gasoline and diesel to nearly half of what it would be under its pricing mechanism—but it’s still the biggest increase since the start of this year.Analysts told The Epoch Times that the Chinese regime is ripping off Chinese people through its state-owned oil enterprises under the pretext of international oil prices jumping because of the Iran war.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Counsel Says Anti-Semitism Commission Faces Resistance from Social Media Platforms

Counsel assisting the Royal Commission into Anti-Semitism and Social...

AFP Charges 2 Men for Allegedly Accessing PMs Banking Records

The sign of the Commonwealth Bank is seen at...

Australian Consumer Watchdog Sues Amazon for Alleged Unfair Conduct

In this photo illustration, the Amazon Prime app is...

Two Incidents in 24 Hours in Beijings Financial District Fuels Security Questions

Two unusual incidents in the heart of Beijing’s financial...