China

China’s economy continues to slow

By John Chan, April 18, 2009

The Chinese government has announced a growth rate of just 6.1 percent for the first quarter—the lowest since quarterly data began to be collected in 1992.

Australian defence paper classifies China as strategic threat

By James Cogan, April 16, 2009

Recent revelations surrounding a new defence White Paper have shed further light on a conflict within Australian ruling circles over how to respond to the decline of US imperialism and the associated ...

More assertive Chinese diplomacy at the G20 summit

By John Chan, April 8, 2009

A significant feature of the recent G20 summit in London was the more forceful role played by China. Well aware of the country’s growing economic weight, Beijing is insisting on a place among the ma...

Australian government dilemma over Chinese investment

By John Chan, April 2, 2009

Several major Chinese investments in Australian mining are being held up as the Australian government attempts to balance economic benefits against strategic concerns over Chinese involvement in the k...

Chinese central banker says US dollar should be replaced as global reserve currency

By Andre Damon, March 24, 2009

The remarks of Zhou Xiaochuan, head of the Chinese Central bank, underscore the deepening conflicts engendered by the economic crisis and the response of the American ruling class.

China offers no fix for global slump

By John Chan, March 21, 2009

Any prospect that China could be the growth engine to pull the world economy out of deep recession was laid to rest by the latest World Bank forecast.

US navy reinforces spying operation in South China Sea

By Peter Symonds, March 17, 2009

The US navy last week sent a heavily-armed destroyer, USS Chung-Hoon, to the South China Sea to escort the USNS Impeccable, the survey vessel involved in a confrontation with small Chinese navy and fi...

“We’re concerned about the security of our assets”

China premier warns of potential dollar collapse

By Patrick Martin, March 16, 2009

Premier Wen Jiabao said Friday that China is “concerned” about the security of its holdings in US treasury debt. Chinese officials fear that the huge borrowing to finance US budget deficits will l...

Naval incidents highlight tense US-China relations

By John Chan, March 12, 2009

A series of naval scuffles over the past week involving US and Chinese vessels has provoked a sharp spike in tensions between the two countries. While the issue was played down in talks yesterday in W...

Chinese leaders face bleak economic prospects

By John Chan, March 10, 2009

Two national gatherings that began in Beijing last week—the Chinese People’s Political Consultative Conference and the National People’s Congress—are another indication that China is facing a ...

Rising unemployment in Taiwan as exports plunge

By John Chan, March 3, 2009

In the face of the rapidly deteriorating global recession, job losses in Taiwan are rising sharply. The official statistics released last Thursday showed that unemployment rose to 5.31 percent in Janu...

China’s stimulus package threatens more economic turmoil

By John Chan, February 27, 2009

When the Chinese government’s huge stimulus package was announced last November, it was hailed in international financial circles. However, far from reviving the economy, there are signs that the st...