Asia

The US-based market watchdog, Hindenburg, published a report on 25 January accusing the Indian mega-conglomerate Adani Group of a litany of dirty financial dealings, triggering mass sell-offs that have so far wiped at least $100 billion off its value. This is a bombshell detonating right in the heart of Indian capitalism, which could have big implications for the Modi regime.

For the past six months, there has been a movement around the subdivision (small town) of Zira in the North Indian state of Punjab. The movement centres around pollution of groundwater, caused by the Malbros International Private Limited distillery in the area.

For the past few weeks, with the Lunar New Year approaching, the working class in China has been engaged in a wave of economic strikes, protests and demonstrations. Whilst these struggles vary in terms of scale and militancy, collectively they give a clear indication of the deepening socio-economic crisis, and of the courageous groundswell of class struggle that this is causing to rise up against the capitalist regime.

Since returning to power in 2021, the Taliban in Afghanistan have subjected women to a brutal regime of oppression, whilst the whole population has been plunged into an abyss of hunger, disease and misery. Now, women have been excluded from education, leading to renewed protests. Hundreds of brave women have taken to the streets of Kabul and other cities, fully in the knowledge of the risk to their lives in doing so. In this video, the comrades of the Progressive Youth Alliance (PYA – the youth wing of the IMT in Pakistan) send their solidarity.

The current right-wing Modi regime in India won the assembly elections in Gujarat, which were seen as a rehearsal for the 2024 general elections. The reasons behind this victory are complex and must be explained, against the context of other state elections that produced different results.

On 7 December 2022, the Chinese state issued its ‘Ten New Measures’ – a hasty shift from its ‘Zero COVID’ policy towards what it called “accurate counter-measures”. In reality, this was a complete abandonment of previous hardline measures to contain COVID-19. According to the capitalist CCP regime, the ‘Ten Measures’ are aimed at improving “scientific accuracy” in

...

Vizhinjam, a coastal town located two kilometres south of Kerala’s capital Thiruvananthapuram, is simmering with widespread protests against the construction of a private port by the richest person in India, Gautam Adani. The people living in this coastal town, mostly fishermen, are protesting against the Adani-led construction of Vizhinjam International seaport.

Progressive Youth Alliance, a countrywide organisation of revolutionary students and youth, held its third central youth convention on 8 December 2022 in Multan. More than 700 students, youth, workers and progressive political activists from across the country participated in the Central Youth Convention.

A week ago, China saw the rapid proliferation of protests against the regime’s harsh COVID-19 lockdown measures, many of which quickly acquired a political character challenging the entire capitalist regime of the CCP. Although individually the protests were small, the regime is clearly afraid of their potential to mobilise far larger layers. Now, whilst the regime is cracking down, they are also having to relent on its ‘zero COVID’ measures. But in doing so, they face even more instability in Chinese capitalism.

Barely a month after the CCP’s pompous 20th Party Congress, anger from below is bursting to the surface. Last week, the Foxconn mega-factory in Zhengzhou, Henan saw a violent confrontation between workers and the police over wage theft by management, and in the past two days, large and violent protests have been reported in many major cities, targeting the regime’s draconian lockdown measures, which have become a focal point for widespread discontent. As we have long predicted, the deep crisis of Chinese capitalism is beginning to spur the masses into action.

The crisis of the capitalist system in Pakistan is reaching unprecedented levels, reflecting the fact that it is one of the weakest links in the chain of world capitalism. Alongside the political and economic crises, the crisis of the state is unravelling to a degree never seen before, leading the whole society into an abyss of misery and wretchedness.

On 11 November 2022, the Halla Bol (“Raise Hell”) youth convention was organised by Progressive Youth Alliance Karachi at the Sindh Scouts Club. Hundreds of students, workers and political activists participated in the convention, which represented a declaration of war against unemployment, inflation, sexual harassment, expensive education, national oppression and capitalism. 

The 20th Congress of China’s ruling Communist Party (CCP) has further consolidated the power of the party-state over society, with President Xi Jinping at its head. Xi has formally inaugurated his third term as supreme leader of the country – a feat only matched by Mao in the history of the People’s Republic of China. The senior leadership of the CCP is now entirely staffed by Xi’s trusted lieutenants. The heavily-stressed theme of this Congress was the necessity of the party-state’s leadership as the country enters the coming period.

After weeks of speculation, the rumour that a fuel price hike was coming was finally confirmed. The working class was hit with a 30-percent price rise. Starting on Saturday 3 September, the price of petrol shot up from 51 cent to 67 cents per litre, and diesel fuel from 35 cents to 46 cents per litre.