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Economists warn of another major China shock



Economists are sounding the alarm about the possibility of another seismic shift in the global economy emanating from China.

They say it’s reminiscent of the ‘China Shock’ that reverberated across international markets in past decades.

China, a global economic powerhouse, has long been a focal point for economists and policymakers alike due to its significant role in global trade and manufacturing.

However, recent developments have raised concerns among experts, pointing to the potential for a renewed shockwave.

A recent analysis published by leading economic institutions highlights several key factors contributing to this apprehension.

Among them is China’s evolving economic strategy, characterized by a shift towards domestic consumption and reduced reliance on export-led growth.

While this transition is seen as essential for China’s long-term economic sustainability, it also carries implications for global trade dynamics.

Economic goals

Additionally, geopolitical tensions and trade disputes have exacerbated uncertainties surrounding China’s economic trajectory.

Ongoing trade tensions between China and the United States, coupled with geopolitical issues such as territorial disputes and human rights concerns, have added layers of complexity to the situation.

The COVID-19 pandemic has further underscored the interconnectedness of the global economy and the vulnerability of supply chains, with disruptions in production and trade amplifying existing concerns about China’s role as a manufacturing hub.

Structural challenges within China’s economy, including rising debt levels, demographic shifts, and environmental concerns, pose significant risks that could reverberate beyond its borders.

Economists caution that a potential ‘China Shock’ could manifest in various forms, ranging from supply chain disruptions to financial market volatility.

The repercussions could be felt across industries and regions, with implications for global growth prospects and financial stability.

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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Latest Sydney church horror: Stabbing rocks Wakeley community



A man has been arrested after a bishop was stabbed at Christ the Good Shepherd Church in Wakeley.

Bishop Mar Mari Emmanuel was preaching at Christ The Good Shepherd Church in Wakeley in Sydney’s west on Monday just after 7pm when a man dressed in black walked up to the altar and allegedly stabbed him multiple times.

Eyewitnesses described scenes of chaos and terror as an assailant approached the altar where Bishop Emmanuel was delivering a sermon.

Chstbrl Saliba, the Deputy Mayor of Fairfield, told Sky News that after the attack, the Bishop got to his feet, and placed his hand on the head of the assailant and began praying for him.

NSW Police said in a statement:

“A police operation is underway in Wakeley, following reports of a stabbing. Officers attached to Fairfield City Police Area Command attended a location on Welcome Street, Wakeley following reports a number of people were stabbed. Officers arrested a male and he is assisting police with inquiries.”

2GB Radio host Ben Fordham says the situation is so chaotic outside the church that police have had to use capsicum spray outside of the church. One woman has been treated.


Fordham says police are concerned about the volatile situation outside the church.

Without warning, the attacker unleashed a flurry of stabs, targeting the bishop and several worshippers in a frenzied assault.

Horrifying footage captured the moment of the attack, as the live broadcast on the church’s social media pages captured the unfolding tragedy.

Bishop Emmanuel’s expression of astonishment turned to one of sheer horror as he became the primary target of the assailant’s vicious blows.

NSW ambulance has confirmed at least one person has been taken to hospital.

The assault at Christ the Good Shepherd Church echoes previous instances of mass violence that have rocked Sydney in recent years, after six people were killed by a man at Bondi.

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Eisman identifies infrastructure as key investment opportunity



Famed investor Steve Eisman, has shifted his focus to infrastructure, citing three main reasons.


The pandemic-induced shift towards onshore investment, the rise of AI necessitating data centre expansion, and the global push towards greener energy.

Eisman believes these trends offer a decade-long opportunity for investors, with Australia presenting ample opportunities for market participation.

Notable companies to consider for exposure include BlueScope and James Hardie Industries for building materials, Macquarie Technology and Goodman Group for data centres, and Worley, AGL Energy, and Origin Energy for electricity grid upgrades and green infrastructure.

However, Eisman cautions investors to approach utility investments carefully, considering their capital expenditure budgets in renewable energy and grid upgrades.


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Civil War cinema brings in the box office dollars



Alex Garland’s film “Civil War” has made a significant impact at the box office, surpassing expectations with a $25.7 million opening weekend in North America.

Starring Kirsten Dunst, Wagner Moura, and Cailee Spaeny, the film explores a near-future scenario where California and Texas unite against a president’s authoritarian regime. Despite fictional elements, “Civil War” has sparked widespread discussion, with its themes resonating in today’s political climate. The film’s performance, coupled with positive reviews, suggests a promising trajectory in the coming weeks, bolstered by a relatively quiet release schedule.

You can catch the trailer here


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