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The state-run railways operate more than 12,000 trains, carrying 23 million passengers daily.
The biggest emerging economies opened their New Development Bank in Shanghai in July this year.
Joining the US-led TPP an uncomfortable proposition for China but will it bite the bullet, asks Palit.
India can challenge this ruling before the appellate body of the WTO.
A Central Bank survey says the economy will shrink 3.4 per cent in 2016.
Putin on Monday reiterated Moscow’s position that Russian bombardment of the Islamic State and the Al Nusra extremist group will continue.
The World Health Organization declared a global emergency over Zika this month.
Russia says it will continue to bomb Islamic State and Al-Nusra forces.
Beijing has indicated it is in no mood to back down on the South China Sea dispute.
Russia and Iran are opposed to Western attempts to overthrow the government of Syrian President Bashar al-Assad.