Chinese Gasoline Subsidies

Is it possible that the oil markets are being manipulated in an effort to cripple the economy of China? After all, the Chinese government subsidizes gasoline prices within their country. Those subsidies artificially lower the cost of fuel and therefore increase the quantity demanded by motorists in that country over what should be the demand if their gasoline price was driven by a free market. As the price of oil soars, the cost of that subsidy increases, putting pressure on the Chinese to reduce or remove subsidies which they are reluctant to do because of the fear of slowing or reversing the growth of their economy. It's something to think about.