Communist Party

(Newser) - The Chinese government is threatening to crash the American dollar by liquidating its $1.33 trillion in foreign reserves if the US dares impose trade sanctions to force a revaluation of yuan, reports the Telegraph. Two Communist Party officials have given interviews in recent days with stern warnings directed at...

(Newser) - China's leaders are "going down an evil road" and betraying Marxist ideals, says an open letter signed by former Communist Party officials and academics. The letter, which calls for restoring party control of China's increasingly capitalist economy, is unusual in that its hard-line authors come from within the party...

(Newser) - Frustration with government curbs on the Internet is growing among China's 140M web users. Wikipedia has been banned, and the censors recently shuttered photo-sharing web site Flickr, after a user uploaded a picture of the 1989 Tiananmen Square massacre. Tens of thousands of human monitors and an elaborate filter system...