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in Events in der Region 01.09.2018 03:50
von lxd123456 • 487 Beiträge

Michy Batshuayi (C) of Chelsea celebrates after scoring during the pre-season soccer match between Arsenal and Chelsea at National Stadium in Beijing Balenciaga Speed Trainer Knit High Grey White UK Sale , capital of China, on July 22, 2017. (XinhuaWang Lili)






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Monkeys enjoy cool mist Balenciaga Speed Trainer Knit High White UK Sale , watermelon at Quanzhou Wildlife Zoo in Fujian


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by Xinhua writers Zhang Zhengfu, Liu Fei


BEIJING, June 6 (Xinhua) -- While granting China market economy status (MES) will mean win-win results for China and the European Union, refusal to do so could put one of the world's most important trade relationships at risk.


Despite media reports saying the two sides are close to a deal on the issue, there is still strong opposition among some EU policymakers and lawmakers, mainly citing the EU's internal standards for a market economy.


However, either by law or by facts, it shouldn't be a difficult decision to make as to whether to grant China the MES.


The protocols for China's accession to the World Trade Organization (WTO) in 2001 dictate that China will automatically switch over to market economy status when the Surrogate Country approach expires 15 years later.


When the Surrogate Country approach is in effect, a third country or region's prices can be used to assess if a certain country is exporting below market value or dumping.


The approach applicable to China expires on Dec. 11, 2016, according to Article 15 of the accession protocols. This means, by that day, the legal foundation for treating China as a non-market economy is gone. Whether or not China meets the EU's own standard on the MES is irrelevant.


The protocols are the consensus reached between China and other WTO members during the accession negotiation. No signatary party can evade its obligations by citing domestic laws as an excuse. Doing so would be a distortion of rules and deliberate misinterpretation of the WTO protocols.


The EU's refusal to fulfill its obligations could force China to resort to legal litigation under the WTO framework, and economic and trade relations between the two sides could be hurt.


The worst scenario could be an all-out trade war between the two economies, which are key export markets to the other, and the price could be way too high for both sides.


China is the EU's second-biggest trading partner, with daily trade flows of over 1 billion euros (1.13 billion U.S. dollars). Giving China MES will make China-EU trade ties stronger than ever before, given the increasing interdependence between the world's two major economies.


The EU's refusal to recognize China's MES smells of political prejudice and protectionism, which has been on the rise recently as the global economy is battling with a prolonged and slow recovery.


Business insiders fear that the EU's failure to grant China the MES is tantamount to a permit to arbitrarily impose anti-dumping measures against the country.


The EU already has a track record of turning to protectionist measures against Chinese products. Among 73 anti-dumping measures that the EU is currently employing, 56 are targeted at Chinese import. Enditem


BEIJING, Jan. 22 (Xinhua) -- China's maritime authority has detected several oil slicks in the East China Sea Balenciaga Speed Trainer Knit High Black White UK Sale , close to the location where an Iranian tanker sank one week ago.


The State Oceanic Administration (SOA) said in a statement Sunday that a 5.4-km-long, 1.4-km-wide oil slick was seen about 5 km northwest of the tanker's location.


The SOA said a day earlier that a 4-km-long, 400-meter-wide oil slick was sighted about 5 km southeast of the tanker's location.


Satellite data showed three oil slicks totalling about 332 square kilometers within the monitored area. The largest measured about 328 square kilometers.


The SOA will continue to monitor the situation and provide updates.


The Panama-registered Balenciaga Triple S Low Top Grey Red UK Sale , Iranian-owned oil tanker Sanchi, carrying 113,000 tonnes of light crude oil Men's Balenciaga Triple S Low Top Triple Black UK Sale , collided with the CF Crystal, a Hong Kong-registered bulk freighter, about 300 kilometers east of the Yangtze estuary on Jan. 6 and sank on Jan. 14.


The 32 crew members onboard the tanker -- 30 Iranians and two Bangladeshis -- were lost.



A view shows a burnt-out bus in which people travelling on a route used by migrant workers heading to Russia died in a fire Women's Balenciaga Triple S Low Top Black White UK Sale , in the Aktobe region, Kazakhstan January 18, 2018.

Fifty-two people were killed on Thursday when the Russia-bound bus they were traveling on caught fire in Kazakhstan Nike Vapormax Off White UK , the central Asian nation’s emergency services ministry said.


“On January 18 at 10:30am, a bus caught fire ... 55 passengers and two drivers were on board. Five people who managed to escape are receiving medical assistance. The rest died on the spot,” the ministry said Air Jordan 1 Off White UK , without elaborating on the cause of the blaze.


All those who died are believed to be Uzbek nationals, an interior ministry official told Interfax-Kazakhstan news agency.


Kazakh media reported they were migrant workers traveling to Russia.


Uzbekistan’s emergency services ministry said it had opened a hotline.


The vehicle was registered in Kazakhstan, emergency services ministry official Ruslan Imankulov said.


He said the fire spread very quickly.


Regional emergency service officials initially blamed the fire on a short circuit and said the bus was overloaded Nike Air Presto Off White UK , Interfax-Kazakstan news agency reported.


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