China

Hong Kong: An Undeterred Struggle For Democratic Rights!

            An important process of struggle has arisen in Hong Kong against the so-called “Extradition Law” proposed by the Beijing-dependent authorities. “The controversial bill will allow suspects of criminal offences, like murder and rape, to be extradited to continental China and other countries to be judged.“ The bill was...

CSP-Conlutas Stands in Solidarity with Egyptian Political Prisoners, HK and Honduras

CSP-Conlutas national coordination met on July 5-7, 2019 in Sao Paulo. The struggle against the Social Security Reform, which is meant to smash pension rights of the working class, was the top priority. Another decision was to postpone their four-day national congress which is expected to happen between October 1st and...

Forecast for 2019

Well, there has not been a year starting like this for a long time.  The US government is in disarray.  The President of the Unites States starts the second half of his four-year term having lost his majority in the lower house of Congress to the Democrats in a heavy...

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...

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