Japan marked the 67th anniversary of the world's first atomic bomb attack with a ceremony Monday that was attended by a grandson of Harry Truman, the U.S. president who ordered the bomb dropped on the city of Hiroshima. READ MORE

Opening of customs hub expected in August, fulfilling a proposal made by Russia in March. READ MORE

In 2016, China’s share of the global economy will be larger than America’s in purchasing-price-parity terms. This is an earth-shaking development; in 1980, when the United States accounted for 25% of world output, China’s share of the global economy was only 2.2%. And yet, after 30 years of geopolitical competence, the Chinese seem to be on the verge of losing it just when they need it most. READ MORE