May 5, 2024
More

    China

    China crisis triggers panic on global markets

    More than $5 trillion wiped off global stock markets in two weeks since Chinese devaluation Vincent Kolo, chinaworker.info “Black Monday” exclaimed China’s official news agency Xinhua as China’s stock market slumped 8.5 percent on 24 August. Th...

    China’s devaluation: Currency war escalates

    Sudden reversal of Beijing’s previous exchange rate policy underlines seriousness of China’s economic woes Editorial comment by chinaworker.info On Tuesday 11 August the Chinese central bank PBOC (People’s Bank of China) jolted global markets w...

    China’s market rout is a turning point

    Failure to stop stock market plunge has shaken the image of a ‘strong’ regime Vincent Kolo, chinaworker.info “The big news here isn’t about the Chinese economy; it’s about China’s leaders. Forget everything you’ve heard about their brilliance a...

    Capitalism in turmoil

    Chaos erupts again on China’s stock markets Editorial from socialist newspaper Offensiv, weekly of the CWI in Sweden Just when the world’s elite were sounding the ‘all clear’ the Shanghai stock exchange plummeted again. On Monday 27 July Chines...

    China launches sweeping crackdown on rights lawyers

    More than 100 arrests • Human rights lawyers branded “enemies of the state” chinaworker.info reporters Xi Jinping has once again shown his authoritarian credentials with what appears to be a nationally coordinated weekend crackdown on human rig...

    “China’s stock market crash can turn into a political crisis”

    Regime adopts panic measures as market crash threatens wider economic recession In this interview, our editor Vincent Kolo gives his view on the recent heavy falls on China’s stock market and its impact on the political situation. How serious i...

    Is China’s stock market bubble bursting?

    Billions wiped off share values in June – only the Greek stock market is more volatile Dikang, chinaworker.info “Before leaving the world, I wish to say I concede defeat. With capital of 1.7 million yuan and four-times margin, I bet the entiret...

    Hong Kong: Fake democracy roundly rejected in legislative vote

    Government proposals end in fiasco as Beijing loyalists misjudge voting rules Socialist Action reporters in Hong Kong In the end only eight pro-government lawmakers voted for the government’s deeply unpopular electoral reform – branded as “fake...

    Will Zhou Yongkang be Xi’s last ‘tiger’?

    Former security boss handed life sentence at secret trial Vincent Kolo, chinaworker.info Xi Jinping finally got his man, but not the way he would have chosen. Zhou Yongkang is the 72-year-old former chief of China’s internal security behemoth. ...

    Hong Kong: Has June 4 candlelight vigil become just a “ritual”?

    End the monopoly of the ‘moderate’ pan-democrats! Transform June 4 into a platform to mobilise for mass struggle Jo-yen, Socialist Action Hong Kong has been the only city in the whole of China that allows mass demonstrations against the one-par...

    Latest News

    ISA: Addressing questions on a safeguarding case

    ISA International Executive statement ISA’s International Executive would like to address questions regarding ISA’s handling of serious accusations ag...

    Join us and organize to back fight. For a socialist world