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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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President-elect Trump names new border czar

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President-elect Donald Trump has announced plans to appoint former Acting ICE Director, Tom Homan as the next U.S. border czar.

Trump praised Homan’s track record, calling him the most effective candidate for addressing border security concerns.

This decision aligns with Trump-Vance administration’s agenda to reinforce U.S. border enforcement and immigration policy when they take office in 2025.

Oz Sultan, the Chief Strategist with the Sultan Interactive Group joins Veronica Dudo to discuss.

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Iran acknowledges accusations of involvement in alleged murder plot targeting Trump

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The Iranian government responds as U.S. authorities detail claims of an assassination plot linked to the Revolutionary Guard Corps.

In a significant development, Iran has broken its silence following allegations that an Iranian national was connected to a murder-for-hire plot aimed at former President Donald Trump.

The U.S. Department of Justice reported that Farhad Shakeri, 51, admitted to being directed by the Iranian Revolutionary Guard Corps to carry out the assassination on October 7.

The case underscores heightened tensions between the U.S. and Iran, especially amid ongoing geopolitical disputes and U.S. sanctions on Tehran.

The Iranian government’s response, though measured, comes as observers highlight the serious nature of such allegations, emphasizing potential repercussions on international relations and security policies.

Analysts believe this could further strain already fragile diplomatic ties and potentially influence future talks on issues like nuclear agreements and regional security.

The situation remains fluid, with U.S. officials and global security experts closely monitoring Iran’s actions and the broader response to these claims.

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Trump picks loyalist Miller for key immigration role

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President-elect Donald Trump has named longtime adviser Stephen Miller as Deputy Chief of Policy in his new administration.

Vice President-elect JD Vance congratulated Miller, calling him “a fantastic pick” on social media.

Miller, known for his hardline stance on immigration, has been a central figure in Trump’s policy decisions, including the 2018 family separation policy.

He was also a prominent voice in crafting Trump’s speeches during the first administration.

Since leaving the White House, Miller has led America First Legal, a group aimed at countering the Biden administration’s policies.

Miller’s role will likely shape the administration’s direction on immigration and conservative values.

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