Local government debt has soared but Beijing’s attempt to curb runaway credit misfires again
Vincent Kolo, chinaworker.info
An end-of year scramble for funds by financial institutions drove up interbank lending rates to levels not seen since th...
Politically explosive investigation of former security czar marks a new phase of internal power struggle
Vincent Kolo, chinaworker.info
According to international media reports, including articles by Reuters and The New York Times, former Polit...
Western capitalist leaders put business before lofty ‘principles’
Vincent Kolo, chinaworker.info
David Cameron, like many other Western leaders visiting China, abandoned any pretence of defending ‘democracy’ or ‘human rights’ in order to secure...
Heroically leading ANC to power but struggle tragically into dead end
Weizmann Hamilton and Thamsanqa Dumezweni, DSM (CWI South Africa)
The Democratic Socialist Movement offers condolences to the Mandela family and all those in South Africa and...
The Venezuelan economy faces runaway inflation, speculation and severe food shortages. At the same time, capitalist forces are increasingly emboldened by the growing divisions in the government.
Johan Rivas, Socialismo Revolucionario (CWI Venezuel...
Xi Jinping’s pledge to catch ‘tigers’ as well as ‘flies’ fails to live up to the media hype
Tommy Zheng, chinaworker.info
Statistics just released from the Supreme People’s Procuratorate (SPP), which oversees criminal investigations and prosecu...
“Earth-shattering consequences” in the US and internationally
An interview with Kshama Sawant. Sarah Wrack, from The Socialist (weekly newspaper of the Socialist Party, England & Wales)
The evening of 15 November will go down as marking an ...
Xi Jinping’s shift from dictatorship-by-committee to new ‘paramount leader’ is a high-risk strategy
Editorial statement from chinaworker.info
“More market, less freedom, and much more power to Xi Jinping” – this was the verdict of Beijing-based...
China’s censors block more overseas websites to limit fallout from “JPMorgan affair”
Vincent Kolo, chinaworker.info
The family of China’s ex-premier Wen Jiabao is once again the focus of a financial scandal – this time concerning fat payouts fr...
Thousands killed and 11 million affected by the strongest storm ever
Dikang, Socialist Action (CWI in Hong Kong)
Typhoon Haiyan (‘Yolanda’ in the Philippines) has caused destruction on a massive scale. This storm was three times more powerful t...