July 14, 2024
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    China: Debt woes multiply as new liquidity crunch strikes

    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...

    China’s anti-corruption campaign leads to fewer prosecutions

    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...

    China’s super-rich get even richer

    Forbes rich list says 400 wealthiest people became 150 billion US dollars wealthier last year Vincent Kolo, chinaworker.info “The rich are getting richer,” declared Russell Flannery, the bureau chief for Forbes Shanghai. The US magazine unveile...

    Bo Xilai and the crisis in the CCP

    Impending criminal trial and delay of party congress highlight deep splits in Chinese regime Vincent Kolo, chinaworker.info The expulsion of fallen ‘princeling’ Bo Xilai from the ruling ‘communist’ party (CCP), decided at the Politburo’s September 28...

    China: The fall of Bo Xilai

    For the first time in two decades an open power struggle erupts within China’s one-party state

    Tiananmen 1989 and the working class

    Nothing alarmed the CCP dictatorship more than the movement of the working class aroused to action by the student-led democracy protests Vincent Kolo, from the book Tiananmen 1989: Seven Weeks That Shook the World The great significance of the ...

    Latest News

    War in Ukraine: Both imperialist camps are escalating the slaughter

    With no end in sight, working class struggle against war and imperialism is crucial Per-Åke Westerlund, ISA International Executive (This article wa...

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