Economist Podcasts Keep Kamala and carry on: Harris’s smooth route
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Jul 23, 2024 Kamala Harris is making waves in the Democratic Party, poised to be the nominee with impressive fundraising and increased support. Meanwhile, China's unicorn startup scene faces decline amidst government regulations and a changing economy. In a lighter vein, the cultural significance and surging prices of Britain's charming beach huts are explored, revealing how these seaside treasures have become highly sought-after properties, especially post-pandemic.
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Harris's Swift Ascent
- Kamala Harris becomes presumptive Democratic nominee after Biden steps down.
- She gains significant financial backing and revitalizes the campaign.
Trump's New Target
- Trump's campaign can now target a specific candidate, potentially criticizing the Democrats' process.
- Harris's liberal stance, California record, and vice presidency are vulnerabilities.
China's Unicorn Decline
- China, once a unicorn hub, sees a decline in new billion-dollar startups.
- Government intervention and a shift in focus towards state-approved hard tech sectors contribute to this decline.