China

Beijing suffers extreme floods with over 40 dead

Climate change and extreme weather compounded by bureaucratic cost-cutting and bungling Li Yong and Moby, ISA China Beijing has been hit by extreme rainfall again, even more severe than the devastating rainstorm in the Beijing-Tianjin-Hebei region ...

Trump 2.0 – world braces for turmoil

US-China imperialist conflict set to escalate on all fronts Vincent Kolo, ISA International Committee (This is an extended version of an article from the latest issue of Socialist magazine, published by ISA in China, Hong Kong and Taiwan). The return...

China’s stimulus dilemma

The CCP's much-hyped stimulus policies of late 2024 are a mere shadow of the mega-package launched in 2008 Dikang, chinaworker.info In late September, China’s central bank cut benchmark interest rates and signalled a major new series of econom...

Chinese capitalism is killing the planet

chinaworker.info reporters Number one in green energy? China leads the world in the manufacture and installation of renewable energy. It makes 80 percent of the world’s solar PV modules. It has also leapt ahead in electric vehicles (62 percent of g...

Overcapacity and price wars: China nears deflation tipping point

Socialist magazine editorial part 2 (the first part of this article series was published on 5 September 2024)  Overcapacity is everywhere in Chinese industry. Rather than a sign of economic strength and success for Xi Jinping’s industrial policy, th...

China’s nightmare economy

Xi Jinping promised the “China Dream” but the economic reality has become a nightmare. In this Editorial feature we present three articles addressing the state of China’s economy.  Socialist magazine editorial part 1 of a 3-part series When Preside...

Trump’s Taiwan rant

“Pay us for defense” – What do Trump’s comments on Taiwan mean?  Hong Liuxing Donald Trump’s comments about US military support for Taiwan in the event of a Chinese attack have had a chilling effect on the island’s political establishment. Many inter...

Hong Kong: 40 years since the Sino-British Agreement

Ultra-capitalist deal over Hong Kong's status exposes the hypocrisy of both sides This year marks 40 years since the signing of the Sino-British Joint Declaration by which the Chinese and British governments agreed to the handover of Hong Kong to Ch...

Why China’s “build, build, build” model eventually crashed

Dikang, chinaworker.info 80 percent of China’s local government finance vehicles (LGFVs) can no longer meet their bond repayments. The LGFVs are entities owned by local governments that were set up at the time of the global financial crisis in 2008. ...

Twice as many workers’ protests in China last year

Crashing economy, vanishing jobs and unpaid wages are forcing workers onto the streets Jinchuan & Dikang, chinaworker.info China’s economy is now in its deepest crisis since the restoration of capitalism. This is also part of an unpreceden...

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North Korea and China: What drives their “unbreakable friendship”? 

Xi Jinping’s June visit to Pyongyang revealed a CCP regime on the backfoot, needing to shore up China’s influence in its geopolitical “backyard” V...

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