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Global trade cycle sends a terse warning

As the trade cycle turns, so goes the global economy. But there is a new twist. With growth in global trade sharply diminished since the 2008-09 global financial crisis, an upsurge of protectionism and disrupted global supply chains has become all the more problematic. There is a distinct possibility that a turn in an already weakened trade cycle could spark a surprisingly swift deterioration in the global economy.

'One country, two systems' best way to reunification

The "one country, two systems" principle is a Chinese political innovation unprecedented in world history.

Princess to run for PM in Thai election

BANGKOK - Thailand's Princess Ubolratana Mahidol, in an unexpected move, accepted on Friday nomination as candidate for prime minister in the March 24 general election.

Chinese diplomats in Canada keen to promote new progress in ties

While hundreds of millions across the world celebrated the Year of the Pig, Chinese diplomats sent messages of goodwill to Canada, hoping relations between the two nations can be shored up amid the ongoing dispute over the detention of a senior Huawei executive.

Longest-serving lawmaker in US dies

DETROIT - John Dingell, the longest-serving member of Congress in US history and a master of legislative deal-making who was fiercely protective of Detroit's auto industry, has died. The Michigan Democrat was 92.

Africa hails China's role in strengthening multilateralism

ADDIS ABABA - Sierra Leone's minister of foreign affairs and international cooperation, Alie Kabba, on Thursday reiterated Africa's common support for China's growing involvement in strengthening the global multilateralism platform.

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Maduro proposes early polls as possible solution to crisis

CARACAS - Venezuelan President Nicolas Maduro proposed on Saturday holding early elections for the National Assembly as a possible solution to the country's political crisis.

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Seven passengers were killed and several others injured when a Delhibound train derailed in India's eastern state of Bihar on Sunday, railways officials said. Eleven coaches of the Seemanchal Express left the rails near Sahadai Buzrurg railway station, about 50 kilometers from the state capital, Patna, early in the morning, the railways ministry said in a statement.

Capital market deregulation gathers speed

China took further steps to deregulate its capital markets on Thursday after the China Securities Regulatory Commission decided to combine two inbound investment schemes and broaden their investment scope to include derivatives, bond repurchases and private funds.

Demand for noncredit assets not dwindling

The nation did not see a steep fall in investing for nonstandard credit assets, which account for about 15 percent of wealth management products offered by commercial banks, according to a report by Securities Times on Thursday, citing an official at the People's Bank of China, the central bank.