China

China: myths and reality

There is an interesting debate to the interior of Marxist tendencies on the current nature of the Chinese State. There are different points of view regarding this. However, the predominant idea is that in China, unlike in the former URSS, capitalism has not been restored, although deep pro-capitalist reforms...

Chinese government plans to fire 2 million workers

The Prime Minister of China, Li Keqiang, announced the government intention to drastically reduce the production of steel and coal by state owned enterprises at the end of the annual full meeting of the National People’s Congress. The decision was not taken by the legislature, but by the dictatorship...

Certainties and questions raised by China’s economic crisis – Part 1

"China’s economy is going through hard times. The most important expression of it has been the recent successive drops in the country's main stock markets (Shanghai and Shenzhen). It had previously manifested itself as a Real Estate crisis (with several unfinished projects and other finished ones that couldn't find...

China announces its entry to the club of countries in crisis

The instability of China's major stock exchanges (Shanghai and Shenzhen) seems to have no end. After the fall of 32% in just 17 ​​days in June and July, August 24 was marked as the biggest drop of the Shanghai Stock Exchange (8.5%) in one day since 2007, when...

The fall of stock exchanges deepens contradictions of economy

After 12 months of uninterrupted boom of the main Chinese stock exchanges (Shanghai and Shenzhen), that appreciated 147%, it plummeted in only 17 days (between June 12 and July 9) causing a loss of 32%, equivalent to US$ 1.3 trillion on the Shanghai stock exchange, an amount close...

Decreasing of China’s growth is followed by an increase in working class struggles

The expectations were high when the Chinese government announced on April 14 the 2015 first-quarter growth figures of the country. Governments and banks around the world wanted to know if the reduction in the growth of the Chinese economy, expressed by the Gross Domestic Product (GDP) would be...

Occupation in Hong Kong is reduced, but impasse continues

The occupation of downtown Hong Kong is drastically reduced and the opening of negotiations with the government remains uncertain. After the increase of popular participation in the last weekend (October, 4 and 5) which reached about 200 thousand people at peak times, the occupation of Hong Kong central areas...

Hong Kong government demands the end of occupation and threatens with repression

Protests in Hong Kong must end by Monday morning, threatened the chief executive. The Hong Kong Chief Executive, Leung Chun-ying, who refused to resign after a demand made by the Federation of Students, made ​​a televised address on Saturday, 4/10, claiming to be urgent that all entrances to government...

The Youth in Hong Kong challenge the Chinese dictatorship

University students boycott classes for a week and occupy the streets of the financial center (known as Central) of Hong Kong to demand democratic elections in 2017. Hong Kong, a Chinese "protectorate", lives days of tension and a lot of demonstrations since a group of pro-democracy activists launched the...

25 years after the Tiannamen massacre

In the late 1980s China lived a sprint in the capitalist market reforms that the Stalinist party, led by Deng Xiaoping, carried forward from 1979 .  The right to strike had been removed; the power of the managers of state owned enterprises had been extraordinarily strengthened; the creation of...

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