January 21, 2025
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    Japanification

    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...

    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 economy in the grip of ‘Japanification’

    Property collapse deepens while concerns rise over slow and limited government intervention Editorial from issue 71 Socialist《社会主义者》magazine, the magazine of ISA in China, Hong Kong and Taiwan China’s economic crisis entered a new more dangero...

    Latest News

    Gaza: Ceasefire after 15 months of hell

    Millions yearn for a complete end to the war, but Netanyahu’s government of death has its own plans Uri Bar-Shalom Agmon and Yasha Marmer, Socialist ...

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