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There has been no claim of responsibility, but there are suspicions that the Islamist secessionist group Boko Haram could have been behind the attack.
The two allies have vowed to beef up cooperation in a wide range of fields, including finance, trade, energy and transportation infrastructure.
The two Asian nations are the biggest consumers of the precious metal.
The Thai military had warned twice before that it would not allow the violence to spiral out of control.
A US grand jury indicted five Chinese military officers of hacking into American companies to steal trade secrets.
Chinese shares dropped more than 1 per cent on Monday as investors worried about a new wave of initial public offerings (IPOs).
"In light of this declaration of war, the Republic of Mali is henceforth at war," Mali's Prime Minister has said.
A total of 14 surface ships, two submarines, nine fixed-wing warplanes, six shipboard helicopters and two operational detachment-alphas (ODAs) assembled in Shanghai on Sunday.
Russia and China will implement a list of joint projects in 40 priority areas with total investments of about $20 billion.
If Modi does deliver on the campaign rhetoric of good governance, the BJP could be in power for a long time, says Prashad.