Japanification

Can ‘future industries’ lead China’s economy out of crisis?  

Zhu Gong, chinaworker.info 2026 marks the opening year of China’s 15th Five-Year Plan (2026–2030). During the ‘Two Sessions’ (parallel NPC and CCPPC rubber-stamp meetings) in March, the 15th Five-Year Plan was formally ‘passed’. The CCP (so-c...

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...

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Stalin’s “Socialism In One Country”—A Century of Disaster

March 11, 2026 Leon Pinsky, Sociaist Alternative (ISA in the US) A century ago, from December 18-31 of 1925, the 14th Congress of the Communist Part...

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