China in the Grip of “Japanification”

Property collapse deepens while concerns rise over slow and limited government intervention. China’s economic crisis entered a new more dangerous phase in August. Despite a tightening government clampdown on negative news, the overall picture is darkening week by week as China’s biggest property company Country Garden teeters on the brink of default and signs of […]

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What Happened to China’s Economic Rebound?

Guizhou province’s distress signal opens new front in country’s debt meltdown. China’s economy suffered a disastrous 2022. Xi Jinping, months into his unprecedented third term as absolute ruler, is therefore desperate for an economic rebound to dispel the gloom that grips the Chinese and global capitalists and restore “confidence.” Earlier this year, global capitalism had […]

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Taiwan: The Next Ukraine?

As the US-China inter-imperialist conflict escalates, Taiwan is its most dangerous flashpoint. A Taiwan war could be even more catastrophic than the war in Ukraine, drawing in the US, Japan, Australia, several NATO armies, and possibly India, against China. It has long been a tenet of China’s so-called Communist dictatorship (CCP) to “reunify” Taiwan with […]

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China: From Zero to Max COVID

As the Chinese New Year approaches, China is again the epicentre of the global pandemic. Despite a total information blackout, it is clear the country is experiencing an explosive spread of the virus after suddenly abandoning its three-year Zero COVID policy of hardline controls. This has been replaced by a chaotic “laissez-faire” position of minimal state […]

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