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...
Over 100 workers at McDonald's supplier fighting for equal pay and conditions
chinaworker.info
GUANGZHOU Over 100 migrant workers at Hong Kong-owned Luen Shing Industries Limited have been in dispute with the company since August. According to ...
Capitalists commentators applaud ‘Liconomics’ but its effects on the global economy can be disastrous
chinaworker.info
“China has basically said goodbye to 8 percent GDP growth,” declared Ha Jiming, a spokesman for Goldman Sachs in China, recen...
Credit explosion “unprecedented in modern world history” behind financial volatility
Vincent Kolo, chinaworker.info
World financial markets have been rocked again in recent days. First came the US Fed’s announcement last Wednesday (19 June) tha...
China’s carbon emissions have almost doubled in five years
By Sally Tang, Socialist Action (CWI Hong Kong). This article first appeared in Socialism Today (July/August 2013), the magazine of the Socialist Party (CWI in England and Wales).
P...
How serious is Xi Jinping’s anti-corruption drive?
Vincent Kolo, chinaworker.info
Liu Zhijun, who spearheaded China’s gargantuan high-speed rail programme, was tried for corruption on June 9 in Beijing. To say Liu, the former Minister of Railwa...
121 killed in one of China’s worst workplace disasters
Vincent Kolo, chinaworker.info
The term ‘slaughterhouse’ has acquired a terrible new meaning after the inferno that engulfed the Jilin Baoyuanfeng poultry plant on Monday 3 June. The b...
Billionaires’ fortunes have increased by almost 17 percent in a year while the poor get poorer
chinaworker.info
Mao Zedong’s granddaughter has climbed into the ranks of China’s richest people. Kong Dongmei, granddaughter of the ‘great helmsman’...
Socialist magazine (published by the Chinese section of the CWI) asked Vincent Kolo, senior editor of chinaworker.info, about rising levels of debt in China and whether this heralds a financial collapse?
Socialist magazine: How serious are China’s...
At annual NPC-CPPCC meetings Xi Jinping and Li Keqiang talk of ‘painful’ reforms for economy, but rule out ‘Western models’
Vincent Kolo, chinaworker.info
China’s ‘two red carpet shows’ in early March, the NPC and CPPCC, put their seal on the o...
