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China confronts economic consequences of hardline communist policies

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China, once the poster child for rapid economic growth, is now grappling with the repercussions of past Communist Party policies, threatening its ability to achieve ambitious growth targets.

Recent data suggests that even a 5% growth target may be challenging to reach due to the lingering effects of these policies.

In the not-so-distant past, China boasted GDP growth rates exceeding 7% annually, with the economy expanding by 6% in 2019 alone.

However, achieving sustained growth has become increasingly difficult as the country contends with the aftermath of Communist Party mistakes.

One significant challenge facing China is the bursting of its real-estate bubble, fueled by an unsustainable building boom for public works.

While President Xi Jinping has attempted to address this issue cautiously, the repercussions are being felt by Chinese households who had invested in the property market, expecting stability and prosperity.

Demographic crisis

China is facing a demographic crisis, largely stemming from its controversial one-child policy.

The plummeting birth rate and rapidly aging population are placing strain on the economy and government resources, compounding existing social and economic challenges.

Comparisons have been drawn to Japan’s economic stagnation following its real-estate bubble burst in the early 1990s.

However, unlike Japan, China faces additional hurdles, including rising geopolitical tensions and trade barriers, particularly concerning its export-led growth strategy.

Economic control

President Xi Jinping’s approach of consolidating economic control within the Communist Party state has raised concerns among economists.

While China is exploring new avenues such as aggressive industrial policy in artificial intelligence and green technology, many remain skeptical of the effectiveness of these measures.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Aden airport closure highlights Saudi-UAE tensions in Yemen

Aden International Airport closes as tensions soar between Saudi Arabia and UAE amid escalating Yemen conflict

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Aden International Airport closes as tensions soar between Saudi Arabia and the UAE amid escalating Yemen conflict

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In Short:
– Aden International Airport closed amid rising Saudi-UAE tensions, stranding passengers and highlighting the Yemen crisis.
– Saudi airstrikes targeted STC positions, escalating the conflict as Saudi Arabia and UAE’s interests increasingly clash.

Yemen’s Aden International Airport closed on Thursday due to rising tensions between Saudi Arabia and the United Arab Emirates (UAE), stranding many passengers. This shutdown highlights an escalating crisis between the two Gulf nations over control of Yemen’s resource-rich eastern provinces. Military operations backed by Saudi Arabia resulted in multiple fatalities.Air traffic was suspended following new flight restrictions imposed by Yemen’s internationally recognised government, which is supported by Riyadh. Instead of compliance, Yemen’s transport minister, aligned with the UAE-backed Southern Transitional Council (STC), announced a total shutdown, leaving travellers in difficult situations, especially those needing urgent medical care.

The aviation discord exemplifies a larger divide fracturing the Saudi-led coalition involved in the Yemen conflict. Recent Saudi airstrikes targeted an STC military camp in Al-Khasah, resulting in numerous casualties. Saudi-backed forces initiated a military campaign aimed at reclaiming control over territory occupied by the STC.

Gulf Powers

The situation escalated when the STC seized extensive regions in Hadramout and Al-Mahra provinces. Saudi Arabia publicly condemned the UAE’s activities as a threat to its national security and demanded troop withdrawal. In response, the UAE refuted the claims and prepared to withdraw its forces, although the STC has remained entrenched in its positions.

The current conflict marks a significant public feud between Saudi Arabia and the UAE. They have collaborated since 2015 to combat the Iran-backed Houthi rebels, but their diverging interests have increasingly placed them in opposition.

UAE stock markets experienced mixed results on Friday, reflecting the ongoing regional tensions. Dubai’s index rose 1.1 percent, primarily driven by gains in Emaar Development and Emirates NBD Bank. Conversely, Abu Dhabi’s index remained stable, impacted by a downturn in Abu Dhabi National Energy Company.


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Russia claims drone evidence; CIA dismisses allegations

Russia presents alleged drone evidence to US, CIA disputes claims, Ukraine calls accusations a fabrication amid peace talk tensions

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Russia presents alleged drone evidence to the US, CIA disputes claims, Ukraine calls accusations a fabrication amid peace talk tensions

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In Short:
– Russia claims Ukraine targeted Putin’s residence with drones, but the CIA dismisses this as disinformation.
– Ukraine denies allegations, arguing they are fabrications hindering peace talks and lacking evidence.

Russia has provided the United States with purported evidence suggesting Ukraine’s involvement in a drone attack aimed at President Vladimir Putin’s residence. This assertion comes as the CIA and other Western officials have dismissed the claims as disinformation.Admiral Igor Kostyukov, head of Russia’s military intelligence, presented a navigation controller from a downed drone to a U.S. military attache. Russian officials claim that the device’s data indicates the drones targeted Putin’s residence in an attack on December 29, involving 91 drones.

The CIA briefed President Donald Trump that Ukraine did not target Putin or his residence during the incident, asserting that the drones were aimed at a military facility instead. This assessment was communicated to Trump on December 31.

Ukraine has refuted the allegations, with President Volodymyr Zelenskyy condemning them as fabrications meant to justify further attacks and hinder peace discussions. The country’s Center for Countering Disinformation pointed out the lack of evidence, such as air defense activity or drone crash footage.

Diplomatic Ramifications

The situation arose shortly after Trump met with Zelenskyy to discuss potential peace agreements. Trump’s initial anger towards Putin’s claims shifted to skepticism as he later shared opinions that criticized Russia’s role in the peace process.

EU Foreign Policy Chief Kaja Kallas labelled Russia’s assertions as distractions aimed at hindering diplomatic negotiations. Meanwhile, Russian Foreign Minister Sergey Lavrov implied that the incident might lead Moscow to reconsider its stance in ongoing discussions aimed at resolving the conflict.


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Australian beef industry warns of major export losses under new China tariff

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China slaps 55% tariff on Australian beef as trade and geopolitical tensions rise

China has imposed a 55% tariff on Australian beef imports that exceed quota limits, a move that threatens more than $1 billion in annual trade and has reignited tensions between Canberra and Beijing. The restrictions, effective from January 1 for three years, cap Australia’s beef quota at 205,000 tonnes—below the volume China imported in 2024—prompting industry claims the decision undermines the spirit of the China-Australia Free Trade Agreement.

Calm fears

Beef producers warn the impact could be severe, with exports to China potentially falling by as much as one-third compared to 2025 levels. Industry groups say the move advantages rival exporters, with Brazil and Argentina receiving far larger quotas, raising concerns Australia could permanently lose market share in a key global market. Prime Minister Anthony Albanese has sought to calm fears, saying Australia is not being singled out and describing the beef sector as the strongest it has ever been.

The tariff decision comes against the backdrop of growing geopolitical strain, days after Australia criticised China’s “Justice Mission 2025” military drills near Taiwan as destabilising. Opposition figures are urging the government to leverage diplomatic ties with President Xi Jinping to ensure Australia is not swept up in broader trade retaliation, as industry calls mount for urgent talks to stabilise relations.


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