Postautor: lxd123456 » 11 wrz 2018, o 11:28

(Source: CGTN)

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  Ten people have died after a fire in a residential building in northern China's Tianjin early Friday

TIANJIN Eddie Murray Orioles Jersey , Dec. 1 (Xinhua) -- Ten people have died after a fire in a residential building in northern China's Tianjin early Friday, according to local authorities.

Another five suffered minor injuries and have been hospitalized.

The fire broke out on the 38th floor of an apartment building in the city's Hexi District at 4:07 a.m., according to the local fire department.

  Ten people have died after a fire in a residential building in northern China's Tianjin early Friday

The fire was extinguished at 6:40 a.m. Firefighters said an area of about 300 square meters was damaged.

The cause of the fire is currently unconfirmed, but it is believed to have started in an area with housing interior decoration materials.

The municipal government has ordered a citywide safety inspection.

Traffic controls in the area have been lifted. People believed to be responsible for the fire are being held for further investigation.

  Ten people have died after a fire in a residential building in northern China's Tianjin early Friday

BEIJING, Dec. 4 (Xinhua) -- The United States is throwing cold water on the growing geniality of trade relations between itself and China with its rebuke of the latter's bid for recognition as a market economy in the World Trade Organization (WTO).

The U.S. government recently formally opposed to China's bid Dylan Bundy Orioles Jersey , citing decades of legal precedent and what it sees as signs the country is moving in the opposite direction.

The truth is that denial of such status for China will give the U.S. government useful tools to launch trade probes into Chinese imports under the excuses of dumping goods at unfair price advantages.


The U.S. decision comes as the Trump administration is seeking to bridge the trade deficit with China for the so-called fair and balanced trade. To achieve that end, it is tempting to turn a blind eye to China's concrete moves of market liberalization, international observers said.

Since China has implemented the opening up and reform policy, it has made consistent efforts to improve its market economy system, which has won global recognition. The U.S. refusal distorts facts Darren O'Day Orioles Jersey , according to a spokesperson for the Ministry of Commerce.

China is now the world's largest goods trading nation, being the top trading partner of more than 120 countries and regions.

Su Qingyi, a researcher with the Chinese Academy of Social Sciences, said the "non-market economy status" has not held China back from making those achievements.

The United States will not benefit from a battered bilateral trade relationship considering its interwoven interests with China. Protectionist measures also impair the interests of U.S. companies and consumers.

Over the past three decades, bilateral goods trade surged from 2.5 billion to 524.3 billion U.S. dollars. Low-cost and high-quality Chinese products have helped raise the living standard of Americans.

While much of the U.S. political campaign rhetoric focused on jobs leaving the United States Chris Tillman Orioles Jersey , Chinese investment is supporting more jobs on that side of the Pacific.


In response to the U.S. rejection, Chinese commerce ministry official Wang Hejun said it undermines the seriousness and authority of multilateral rules.

Article 15 of the Protocol on China's accession to the WTO in 2001 has clearly dictated that China will automatically switch over to market economy status when the surrogate country approach expires in 15 years, which means, on that day, the legal foundation for treating China as a non-market economy is gone.

The United States is setting a bad example by breaking international rules Chris Davis Orioles Jersey , Su said.

Honoring contracts is the basic principle of the market economy, and the United States is breaching this principle, said Bai Ming, a researcher with the Chinese Academy of International Trade and Economic Cooperation.

The U.S. rejection reflects its panic and ideological prejudice, said Zhang Jingwei Cal Ripken Orioles Jersey , a researcher with Chongyang Institute for Financial Studies under the Renmin University of China.

Analysts said that China is likely to take legal action at the WTO against members who are not observing the rules, including the United States. Further retaliatory trade measures may also be considered.

Even if an all-out trade war is avoidable, no party will emerge unscathed, Zhang said.

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