Japan experiences largest wildfire in 50 years
The rapid spread of the wildfire in Ofunato was caused by both government neglect and the worsening of climate change around the world.
•Ben McGrath
China to press ahead with growth in the face of US economic war
The work report presented to the National People’s Congress in Beijing pointed to “changes unseen in a century” unfolding at a fast pace.
•Nick Beams
China growth reaches official target as economic conditions trend down
There are increasing doubts about government statistics with many estimates that the growth rate is around half the official level.
•Nick Beams
South Korean president arrested
The political crisis in South Korea is only continuing to intensify and will not be resolved with Yoon’s detention.
•Ben McGrath
China’s economic malaise deepens as economic warfare intensifies
The continuing fall in bond market yields reflects the fear of long-term deflation.
•Nick Beams
South Korean investigators seek extension of arrest warrant for president
As Yoon continues to stonewall efforts to investigate his martial law declaration last month, the political crisis in South Korea is deepening.
•Ben McGrath
Impeached South Korean president blocks arrest
The danger of another declaration of martial law or military coup remains in South Korea as Yoon makes clear he intends to cling to power, emboldened by the rolling back of protests by the opposition party.
•Ben McGrath
Plane crash in South Korea leaves 179 dead
Aviation experts have raised numerous questions about the cause of the tragic Jeju Air accident, but at this stage many details are still unknown.
•Ben McGrath
South Korean president stonewalls removal from office
The fact that Yoon feels he can brazenly impede his removal from office is a result of the perfidy of the Democrats and their allies in the Korean Confederation of Trade Unions.
•Peter Symonds
China makes steps to increase economic stimulus measures
Commitments have been made to boost consumption and loosen monetary policy but there is little detail of what measures the government will undertake.
•Nick Beams
Three Hyundai Motor workers killed in South Korea
Auto workers cannot place their faith in the company or any section of the ruling class to protect their safety on the job or conditions overall.
•Ben McGrath
South Korean auto parts workers strike
The auto workers’ union in South Korea is attempting to prevent a broader struggle against job cuts as the car industry around the world prepares a jobs bloodbath as part of the so-called “just transition” to electric vehicles.
•Ben McGrath
An insight into China’s high-tech development and its implications
A Bloomberg analysis highlights the vast transformation in the structure of the global economy over the past three decades arising from the growth of China.
•Nick Beams
Japan’s LDP suffers electoral defeat for only the third time since 1955
Whatever the form it takes, the next government will be one of instability and crisis as it seeks to impose new burdens on the working class in order to boost corporate profits and aggressively pursue the interests of Japanese imperialism.
•Peter Symonds
Japan stages provocative naval transit through Taiwan Strait
The sailing of a warship through the strait, a first by Japan, goes hand-in-hand with Tokyo’s ongoing remilitarization and involvement in the US-led war preparations against China.
•Ben McGrath
Washington secretly oversees military activity as
Philippine and Chinese vessels repeatedly collide in the South China Sea
Each resupply mission is being secretly conducted as a joint military operation between the Philippines and United States.
•John Malvar
Fall in Chinese growth indicative of mounting problems in global economy
Data for the second quarter showed an annualised growth rate of 4.7 percent—the lowest in five months.
•Nick Beams
Top-level US-Philippine ministers meeting escalates war drive against China
Blinken announced that the US would be providing $US500 million in additional military funding for the Philippines to “boost security collaboration.”
•John Malvar
Chinese leadership meeting points to social tensions amid economic problems
A meeting of the Third Plenum of the CCP Central Committee advocated tighter social and ideological controls.
•Nick Beams
Samsung Electronics workers in South Korea stage first-ever strike in company’s 55-year history
Even as workers’ conditions decline, none of the unions in South Korea will wage a struggle against Samsung, any other company, or the government.
•Ben McGrath