The decision by Justice Thomas Au Hing-cheung on July 14 to expel four legislators from the Legislative Council (Legco), including veteran democracy campaigner, ‘Long Hair’ Leung Kwok-hung, is a massive blow against the democracy struggle in Hong Kong and, by extension, also in China. This was nothing short of a coup by the right-wing authoritarian […]
Continue ReadingVincent Kolo is a contributor to chinaworker.info. A short history of the Olympics: Vincent Kolo, chinaworker.info A short history of the Olympics: Rather than the Olympic movement’s self-professed ideals of ‘internationalism’ and ‘fair play’, the Games are about two at first sight contradictory forces: nationalistic flag-waving and capitalist globalisation The Rio Olympics kicks off this week. […]
Continue ReadingYear of the Monkey opens with economy in worst situation for decades As its factories restarted after the Chinese New Year holidays, China was facing its worst economic crisis in decades. The government’s official data do not give the true picture, maintaining the fiction of GDP growth of 6.9 percent in 2015. Even this represents […]
Continue ReadingVincent Kolo is a contributor to chinaworker.info. More than $5 trillion wiped off global stock markets in two weeks since Chinese devaluation “Black Monday” exclaimed China’s official news agency Xinhua as China’s stock market slumped 8.5 percent on 24 August. This triggered the sharpest falls on world stock markets since the 2008 financial crisis on […]
Continue ReadingA fighting democratic movement must be created to continue and build upon this historic “first round” After almost three months that transformed the outlook of hundreds of thousands if not millions in Hong Kong, the ‘Umbrella Revolution’ withdrew from the streets. The movement demanding free elections, as opposed to a rigged Iran-style election model as […]
Continue ReadingVincent Kolo is a contributor to chinaworker.info. China’s economic slowdown already being felt throughout world economy “The most important number in the world, for the past 30 years and next five years, is China’s growth rate,” declared BBC Economics Editor Robert Peston. With a stream of data confirming a pronounced slowdown in the Chinese economy, […]
Continue ReadingVincent Kolo is a contributor to chinaworker.info. Signs that the mammoth property bubble is finally bursting belie Beijing’s upbeat GDP data On July 16 the Chinese government released its GDP figures for the second quarter, causing global financial markets to heave a collective sigh of relief as 7.5 percent growth was announced. This figure (Beijing’s […]
Continue ReadingLocal government, police and company bosses coordinate crackdown It is one of the biggest strikes in China for decades and has attracted international attention. The strike at factories owned by Yue Yuen Industrial Holdings in the Dongguan township of Gaobu is already one for the history books. Dongguan is in Guangdong province, which accounts for […]
Continue ReadingPasha is a member of Socialist Action (CWI in Hong Kong). New leaders facing economic and political crisis China has entered a period of crisis. Even its leaders recognize this. The new president, Xi Jinping, admitted that the current crisis could threaten the CCP-state (Chinese Communist Party) with extinction within 10 years. A senior economist […]
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