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 ...

Understanding China’s authoritarian state capitalism

This is an edited version of a speech given by Peter Chan of chinaworker.info to the ISA's Virtual Marxist University in July 2020, which is now published for the first time. Marxists have continuously discussed and debated what kind of state the CC...

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...

China’s ‘Japanification’ worse than Japan’s

Socialist magazine editorial part 3 (the first and second parts of this article series were published on 5 September and 8 September 2024)  “Perhaps even more difficult” than Japan in the 1990s – that is the verdict of Lu Ting, chief China economist...

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...

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. ...

“China’s rise” – an outdated view

New Cold War: Capitalist East and West are both in decline Editorial, issue 75 of Socialist magazine (China magazine published by ISA in China, Hong Kong and Taiwan) Socialist magazine and our international organisation ISA differ with the analysis...

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The War on Iran Is an Environmental Disaster

May 26, 2026 Tom Costello, Tom Costello is a member of Socialist Alternative in England, Wales and Scotland   The devastation caused by US i...

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