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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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Ticker News is now live on XumoTV and Xfinity across the U.S.

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Ticker News is now available on Xumo TV and Xfinity, bringing new era of accessibility

Ticker is thrilled to announce a major milestone for Ticker News: we are now available for streaming across the United States on Comcast’s major platforms, Xumo TV and Xfinity.

The development places Ticker News in the company of industry giants like CNN, Fox News, and MSNBC, marking a significant leap forward in our mission to deliver quality news to a wider audience.

With a combined reach of 50 million active users per month, Xumo TV and Xfinity offer an opportunity for Ticker News to expand viewership.

The achievement is particularly special with Ticker’s fifth anniversary on air on August 19.

“Getting Ticker News on these platforms was no small feat,” says Ticker Founder and CEO Ahron Young.

“It took nearly two years of intense negotiations and overcoming various technical challenges. But the journey underscores the resilience and determination of our team, proving that persistence pays off. We are immensely proud of what we have accomplished together,” Ahron says.

Being available on Xumo TV and Xfinity significantly enhances our already robust distribution network.

These platforms provide Ticker with the ability to reach millions of new viewers, further solidifying our presence in the competitive news landscape.

“Our commitment to expanding our reach and improving accessibility remains stronger than ever,” says TIcker’s Global Marketing Director, Kane Ricca.

Looking Ahead

As Ticker celebrates this exciting moment, the media company remains focused on its mission to provide accurate, timely, and engaging news to our audience.

“We are grateful for the ongoing support of our hosts, staff, investors, and viewers. Every moment counts at Ticker, and together, we are building something truly special,” says Ahron.

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‘Frank and constructive’ meeting between Harris and Netanyahu

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Vice President Kamala Harris met with Israeli Prime Minister Benjamin Netanyahu to discuss the humanitarian crisis in Gaza and a cease-fire agreement.

Vice President Kamala Harris highlighted the nature of the discussion describing it as a “frank and constructive”meeting with Israeli Prime Minister Benjamin Netanyahu at the White House.

Harris expressed her concerns about the humanitarian situation in Gaza.

She stressed the need to finalise a cease-fire deal.
Harris described the past nine months in Gaza as devastating.
She urged that the tragedies in Gaza should not be ignored. #trending

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‘Left wing lunatic’: Trump tears into Kamala Harris in major rally

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Donald Trump is ramping up his attacks on Kamala Harris – his new opponent in the November election. But will it be enough to stop her?