What you need to know about the post-IS battle for the Mideast

Members of the Iraqi army and the Shi'ite Popular Mobilization Forces clash with Islamic State militants in the battle to reclaim the Iraqi city of Tal Afar, August 26, 2017. Photo: REUTERS/Thaier Al-SudaniWithIslamic State in fatal declineand the edges of Kurdistan afire,the Middle Eastisenteringa new era, dominated by the Saudi-Iranian power struggle. The United States, which did so much via

Zhong Sheng: Thought on socialism with Chinese characteristics for a new era lights up future road

The whole world is watching the 19th Communist Party of China (CPC) National Congress in hopes of learning the CPC’s future path and finding out where China and the globe will go in the future.Chinese President Xi Jinping’s report to the congress and related discussions all proved that China is committed to a future-oriented development, said Russian President Vladimir Putin.The

Xi Jinping Thought guides China in new era

The 19th National Congress of the Communist Party of China concluded on Tuesday. "Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era" was added to the CPC Constitution, a major event for the CPC which has been advancing with the times.This means the CPC has a new guiding principle to lead the country and its people forward.

China's 2050 Goal is not about winners or losers

The 19th National Congress of the Communist Party of China (NCCPC) has set out to establish a modern socialist country by 2050. The goal is a clear indication of the confidence found throughout the CPC and the country. But this level of confidence some Westerners find challenging. They are concerned that China has established such a goal to serve as

Serving ice cream isn't a cultural exchange

President Donald Trump's one big idea about immigration -- that there's too much of it -- isso wrongthat it tends to obscure some of the smaller things the administration is trying to get right. Even minor changes could help restore public confidence in an immigration system that is too easilyabused.A case in point is the exchange-visitor program, through which 300,000

Why China's aluminium industry is praying for blue skies

Winter is coming in China and that means large swaths of industrial capacity in the regions around Beijing and Tianjin must cut production.Chinese President Xi Jinping has promised “blue skies” will replace the choking smog that envelops many cities in the country’s industrial heartlands, particularly over the “winter heating” months.Heavily polluting industries in the targeted regions will therefore have to

Americans are retiring later, new calculations show

The U.S.retirementage is rising, as the government pushes it higher and workers stay in careers longer.But lifespans aren’t necessarily extending to offer equal time on the beach. Data released last week suggest Americans’ health is declining and millions of middle-age workers face the prospect of shorter, and less active, retirements than their parents enjoyed.Here are the stats: The U.S. age-adjusted

World's most daring monetary experiment powers on with Abe's win

Photo: BloombergPrime Minister Shinzo Abe’s solid election win green lights a continuation of the Bank of Japan’s massive economicstimulus, entrenching a divide with global peers who are either heading in the opposite direction or mulling moves to do so.While growth in the world’s third-largest economy haspicked up, inflation remains nowhere close to the BOJ’s 2 percent target. Continued easing means Japan should remain a source of liquidity for the world economy and especially emerging markets in Asia that are vulnerable to rising interest rates."Globally, the BOJ’s continued policy accommodation should help cushion the blow from the Fed’s balance sheet normalization and the ECB’s expected tapering next year," said Frederic Neumann, co-head of Asian economics research at HSBC Holdings Plc in Hong Kong. "The BOJ will not be able single-handedly to keep rates low everywhere, but its commitment to continued monetary accommodation should restrain any possible global yield rise."Indeed, a sharper divergence between its policy outlook and the rest of the developed world may aid the BOJ’s cause should the yen continue to weaken, helping to accelerate inflation by making imports ...

Catalan crisis reveals a real danger for EU

About 450,000 people took to the streets of Barcelona on Saturday against Madrid's move. Regional leaders who support independence blamed Madrid for suspending democracy, freedom and human rights.

OPEC dithering on output cuts could kill oil's rally

Brent crude's brief flirtation with a $60 price level already seems to be fading. OPEC and its friends are facing their last chance to swing sentiment in the oil market this year. They shouldn't get too precious about it. What ministers say at their Nov. 30 meeting may have little bearing on what they actually do, but it could have

How money will divide Europe after Brexit

Right now the European Union is united on one thing above all: to get Britain to pay as big a divorce bill as possible when it exits the EU. But while money will unite leaders at this week’s European summit, it will divide them after Brexit.The British government once hoped that the Oct. 19-20 meeting would be the moment when

The ‘somewheres’ and the ‘nowheres’ in Britain’s Brexit mayhem

Demonstrators hold flags ahead of a speech by Britain's Prime Minister Theresa May in Florence, Italy September 22, 2017. REUTERS/Max RossiLast June’s referendum result on Brexit was close – 52 percent voted for Britain to leave the European Union; 48 percent to stay – but indisputable. Unlike in the U.S., no one believes that Russia altered the outcome. And this

Why the CPC is successful in governing China: analyst Kuhn

Editor's Note:Robert Lawrence Kuhn is a public intellectual, political/economics commentator, and international corporate strategist. He is the host of Closer To China with R.L. Kuhn on CGTN.With the ascendancy of China recognized by all, though worrying to some, foreign analysts and media look to the 19th National Congress of the Communist Party of China (CPC) for clues about China's future.

The West’s errant conception of China

China has entered a new era in building socialism with Chinese characteristics. The 19th National Congress of the Communist Party of China has mapped out plans for the new era. The Western media is taking great interest in what is happening in China and many mainstream media outlets in the US and Europe have given a lot of coverage of

Should children be encouraged to go to college at an early age?

File photoTen-year-old Zhang Yiwen from Shangqiu in central China's Henan Province has stirred up debate for passing this year's college entrance examination (Gaokao) and enrolling at the Shangqiu Institute of Technology. She is expected to receive a junior college degree in electronic information and engineering in three years' time, which is different from a regular four-year degree.Normally, Chinese students graduate

Are expensive overseas summer camps worthwhile?

File photoRecently, an article about a high-income white-collar mother unable to afford her child's summer camp tuition has gone viral among Chinese parents. According to the story, the mother earns 30,000 yuan ($4,500) a month, but paid 20,000 yuan ($3,000) for her daughter's summer camp stay in the United States.Overseas summer camp programs are becoming increasingly popular among Chinese students,

India eyes regional influence with Russia drill

Starting Thursday, India and Russia will hold a 10-day joint military exercise dubbed "Indra 2017." Although some believe the drill does not target any third party, it has caught unprecedented attention because it involves the armies, navies and air forces of the two sides for the first time, which India believes to be a landmark exercise. The drill is taking

Transition to 5G telecoms network offers China chance to shape global standards

File Photo: ICAs it makes strenuous efforts to develop mobile technology for the fifth-generation (5G) mobile network, China has an unprecedented opportunity to remake itself from a follower into a leading innovator in the telecommunication industry.The 5G technology, which will offer faster data speeds and more bandwidth than that of the fourth generation, is expected to be put into practical

China explores new international financial governance path

Illustration: Liu Rui/GTAt the just-concluded annual meetings of the World Bank and the International Monetary Fund (IMF), Steven Mnuchin, US Secretary of the Treasury, made a series of requests to the two institutions that aimed to interfere with their operations.The US government led by President Donald Trump has quit a number of international institutions and multilateral agreements which Washington deems

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