China Will Be The Straw That Will Stir The World’s Economic Drink?

(THIS ARTICLE IS COURTESY OF THE SHANGHAI DAILY NEWS)

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Forum hears pledge of more effort to revitalize China’s real economy

CHINA will remain committed to ensuring innovation drives development and will increase efforts to revitalize the real economy, Vice Premier Zhang Gaoli said yesterday.

“The real economy is the foundation of economic growth and we will optimize it,” Zhang said at the opening ceremony of the China Development Forum 2017 in Beijing.

China will improve its capabilities in scientific innovation and boost the development of strategic emerging sectors and modern manufacturing while transforming traditional industries with new technology and business models, he said.

The government will continue to promote entrepreneurship and the “Internet Plus” plan to meet the diverse needs of the market and Chinese companies will be encouraged to use craftsmanship to establish competitive brands that can stand the test of time.

China will further reduce costs for enterprises by streamlining administration and pushing forward tax reforms, and prevention and control of financial risks will be elevated to a higher position on the government’s agenda, Zhang said, adding that China will manage risks in bad loans, bond default, property bubbles and Internet finance to avoid systemic financial risks.

To stimulate growth and improve market vitality, China should increase supply-side structural reform, Zhang said.

Highlighting the basic tone of “seeking progress while maintaining stability,” he underscored the need for efforts to maintain growth, ensure employment and counteract risks from home and abroad.

China will forge ahead with its supply-side reform, cutting steel production capacity by around 50 million tons and coal capacity by over 150 million tons this year, he said.

The country will prioritize de-stocking unsold houses in third and fourth-tier cities as it fights speculation in the housing market, he added.

Zhang restated China’s commitment to better air, water and soil quality.

The government will speed up the reform of state-owned enterprises, make concrete mixed-ownership reforms in sectors such as power, petroleum, railways, civil aviation and telecommunications and open the market to more private investment, Zhang said.

On the close ties between China and the world economy, he stressed the need to advance globalization and fight protectionism.

“China is willing to join efforts with the international community to steer the world economy toward strong, sustainable, balanced and inclusive growth,” he said.

The country will continue to implement its opening-up strategy and advance the Belt and Road Initiative, he added.

China will host the Belt and Road Forum for International Cooperation in May. Taking part in this “new chapter in win-win cooperation” will be more than 20 heads of state and government, more than 50 leaders of international organizations, more than 100 ministerial-level officials, and more than 1,200 delegates.

Beijing suspends last of its coal-fired power plants: China Goes To The Future: Trump, U.S. In Reverse

(THIS ARTICLE IS COURTESY OF THE SHANGHAI DAILY NEWS)

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Beijing suspends last of its coal-fired power plants

BEIJING’S last large coal-fired power plant has suspended operations, meaning the capital has become the first city in China to have all its power plants fueled by clean energy.

The Huangneng Beijing Thermal Power Plant came into operation in June 1999. It has five coal-fired units with a total installed capacity of 845,000 kilowatts and heating capacity of 26 million square meters.

Du Chengzhang, the plant’s general manager, said it is an efficient and environmental friendly plant with advanced emission treatment equipment. The plant has provided important support to the stable operation of Beijing’s electric power system and the heat-supply system, he said.

After the suspension of the plant on Saturday, about 1.76 million tons of coal, 91 tons of sulfur dioxide and 285 tons of nitrogen oxide emissions a year will be cut.

According to a clean air plan by Beijing from 2013 to 2017, the city was to build four gas thermal power centers and shut down the four large coal-fueled thermal power plants.

The other three plants which used to consume over 6.8 million tons of coal each year were closed in 2014 and 2015.

Du said Huangneng will prepare to serve as an emergency heat source for the capital’s heating system after operations cease.

Three of the four gas thermal power have already been built and are in use.

Beijing has 27 power plants, all fueled by clean energy with a total installed capacity of 11.3 million kilowatts.

Under the plan, Beijing will build no more large-scale power plants.

For China And The U.S. ‘Cooperation Is The Only Way Forward’

(THIS ARTICLE IS COURTESY OF THE SHANGHAI DAILY NEWS)

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Cooperation the only way forward

COOPERATION is the only correct choice for China and the United States, President Xi Jinping told visiting US Secretary of State Rex Tillerson in Beijing yesterday.

There are important development opportunities resulting from China-US relations, said Xi during the meeting in the Great Hall of People in Beijing.

Xi said he had maintained sound communications with his US counterpart Donald Trump through phone calls and messages, and they had agreed that the two countries could be good cooperative partners.

Xi said that to advance China-US ties in a healthy and steady manner, both sides could enhance exchanges at various levels; expand cooperation in bilateral, regional and global fields; and properly address and manage sensitive issues.

Xi suggested the two countries increase strategic trust and mutual understanding, review bilateral ties from long-term and strategic perspectives and expand fields of cooperation for their mutual benefit.

The two countries should also enhance coordination on regional hotspot issues, respect each other’s core interests and major concerns and encourage friendly exchanges between their two Peoples.

Tillerson told Xi, who extended an invitation for President Trump to visit China, that the US president valued communications with his Chinese counterpart and looked forward to meeting Xi and visiting China.

The US side is ready to develop relations with China based on the principle of no conflict, no confrontation, mutual respect and win-win cooperation, said Tillerson.

China and the US are discussing arrangements for a meeting between the two presidents and exchanges at other levels, Chinese Foreign Minister Wang Yi said during his talks with Tillerson on Saturday.

“We attach great importance to your visit,” Wang told the US visitor at the Diaoyutai State Guesthouse in Beijing.

It was Tillerson’s first visit to China since he assumed office last month and he is also the first Cabinet-level official in the new US administration to visit.

China-US ties are developing steadily in a positive direction, Wang said.

He called for more cooperation in foreign affairs, the economy and trade, the military, law enforcement, people-to-people exchanges and local communication.

The essence of China-US trade relations is mutual benefit, said Wang, and he encouraged both countries to expand trade and investment cooperation.

Wang also restated China’s position on Taiwan and South China Sea issues, emphasizing that China and the US should respect each other’s core interests and major concerns, discreetly deal with sensitive issues to protect bilateral ties from unnecessary influences.

Tillerson said the US adheres to the “One China” policy and added that closer cooperation and coordination between the two countries was necessary in the face of a changing international situation. The US would like to have more high-level exchanges with China, and more dialogue in diplomatic security, macroeconomic policy coordination, law enforcement, cyberspace and people-to-people exchanges, he said.

Tillerson’s visit aims to make “political preparations” for the meeting between two presidents, and both sides would make the best use of this chance to seek common ground, said Jia Xiudong, a researcher with the China Institute of International Studies.

Tillerson arrived in Beijing on Saturday from Seoul. His first official Asian tour began on Wednesday and also took him to Japan.

US, China to Increase Cooperation on North Korea

(THIS ARTICLE IS COURTESY OF THE SAUDI NEWS PAPER ASHARQ AL-AWSAT)

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US, China to Increase Cooperation on North Korea

Korea

Beijing – The United States and China vowed to work together against threats of the North Korea’s nuclear program, while US Secretary of State Rex Tillerson warned that the situation has reached a “dangerous” level.

Tillerson and his Chinese counterpart’s language seemed more reconciliatory in light US President Donald Trump’s accusations that China was not exerting enough efforts to control its troublesome neighbor. Beijing had meanwhile accused the White House of causing tensions.

“I think we share a common view and a sense that tensions on the peninsula are quite high right now and things have reached a rather dangerous level. And we have committed ourselves to doing everything we can to prevent any kind of conflict from breaking out,” Tillerson added during a press conference in Beijing with Foreign Minister Wang Yi.

Tillerson’s visit to China is the last leg of his Asian trip, where he made stops in Japan and South Korea.

He avoided using strong language during the joint press conference with Wang, who seemed to have reproached his counterpart for statements he had made earlier this week.

Wang urged the US to remain “cool-headed” and defended his government’s position, saying all international parties should seek diplomatic solutions while implementing UN sanctions against the regime in North Korea.

“We hope that all parties, including our friends from the United States, could size up the situation in a cool-headed and comprehensive fashion and arrive at a wise decision,” he added.

Neither parties announced any tangible future steps to solve the issue and Tillerson did not publically respond to Beijing’s calls for negotiations with North Korea.

Trump had increased the pressure on China, accusing it of not exploiting all means possible to control North Korea, whom he said considered Beijing to be its closest ally and economic benefactor.

“North Korea is behaving very badly. They have been ‘playing’ the United States for years. China has done little to help!” he tweeted.

The developments come after North Korea conducted two nuclear tests last year and launched missiles last month. The US considered the test-launch an attack on its bases in Japan.

The developments alarmed South Korea, spurring it to deploy the US’s Terminal High Altitude Area Defense System (THAAD). The Chinese leadership had accused the US of aggravating the situation through military trainings with its ally Seoul and the deployment of THAAD.

China is hesitant to increase its pressure on North Korea, whose reactions can be unpredictable.

Washington and Seoul insist that the THAAD system is for defense purposes only, but Beijing fears it could undermine its capabilities to denuclearize North Korea.

Beijing had always called for diplomatic talks to denuclearize North Korea, which is barred by the UN from proceeding with its program.

Wang also said that the Korean peninsula nuclear issue is of interest to everyone, reiterating his country’s commitment to the goal of denuclearization

“We are for the settlement of this issue through dialogue and negotiations and the maintenance of peace and stability on the peninsula and the overall region,” he added on Saturday.

Wang reiterated that China, as a close neighbor of the peninsula and a major power, has devoted a lot of energy and efforts to seek a settlement to the issue. The tremendous important efforts China has made are visible to all, he said.

Tillerson, who was CEO of ExxonMobil before being appointed secretary of state, said that a military option is possible if Pyongyang intensified its work.

“We do believe that if North Korea stands down on this nuclear program, that is their quickest means to begin to develop their economy and to become a vibrant economy for the North Korean people,” the US officials said.

He added: “All options are on the table, but we cannot predict the future.”

Maybe one of the reasons for the calm American-Chinese rhetoric is the expected talks between US President Trump and Chinese President Xi during the latter’s upcoming visit to US next month, the first such summit between the two leaders.

Trump is expected to host Xi at his Mar-a-Lago resort in Palm Beach on April 6 and 7 for an informal “no necktie” encounter. Experts hope this meeting will reduce tensions between the two officials.

China shares US fears of Pyongyang’s nuclear ambition, but it makes sure not to provoke its neighbor.

In February, Beijing issued a strong position when it announced it will stop coal imports from North Korea until the end of this year.

North Korea expert at Beijing University Wong Dong said: “It is a mistake to think that China can control Pyongyang and it is not reasonable for Washington to accuse Beijing of doing nothing. The situation is complicated and sensitive and there is no magical solution.”

The Obama administration ruled out any diplomatic involvement with Pyongyang until the latter shows commitment to denuclearization.

The communist state insists on owning nuclear weapons to defend itself and executed its first test in 2006 despite international objection. It had done four other tests, two last year.

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Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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South Korea Actively Considering Filing A Complaint With The WTO Against China

(THIS ARTICLE IS COURTESY OF REUTERS NEWS) 

South Korea’s government will consider filing a complaint to the World Trade Organization against what they described as China’s trade retaliation after Seoul agreed to deploy a U.S. anti-missile system, the ruling party said on Tuesday.

Beijing is widely believed in South Korea to be retaliating against some of its companies and cancelling performances by Korean artists after South Korea’s decision to deploy the Terminal High Altitude Area Defense (THAAD) system.

“We will actively consider whether China’s action is in violation of the South Korea-China free trade deal, while stepping up efforts to minimize damage on South Korean industries,” Lee Hyun-jae, chairman of the Liberty Korea Party’s policy committee, said after meeting senior government officials.

China rejected applications by some Korean carriers, including Jeju Air (089590.KS), to add charter flights between the two countries in March, Yonhap News Agency said on Tuesday, in what is seen as China’s latest retaliation against South Korean firms. Their applications for charter flights to China were rejected for January and February, with no reason given, Yonhap said.

The Chinese government last week ordered tour operators in China to stop selling trips to South Korea, days after the Seoul government secured land for the THAAD system from Lotte Group.

Lee said on Tuesday the government had since agreed to provide an additional 50 billion won ($43.3 million) worth of “special loans” to tourism companies that are experiencing business difficulties.

Chinese authorities have also closed nearly two dozen of Lotte Group’s retail stores following inspections, Lotte said on Monday.

China objects to the THAAD deployment, saying its territory is the target of the system’s far-reaching radar. South Korea and the United States have said the missile system is aimed only at curbing North Korean provocations.

(Reporting by Daewoung Kim and Hyunjoo Jin, Additional reporting by Joyce Lee; Writing by Hyunjoo Jin; Editing by Paul Tait)

China’s Premier Says Hong Kong Will Never Be Allowed Independence

(THIS ARTICLE IS COURTESY OF CNN)

Hong Kong (CNN) China’s second highest-ranking politician criticized calls for Hong Kong independence in a speech to the nation’s parliament Sunday.

Speaking at the opening of the annual National People’s Congress, Premier Li Keqiang said calls from within the city to go it alone would “lead nowhere.”
This was the first time “Hong Kong independence” has ever been mentioned in any Chinese premier’s annual address.
“We will continue to implement, both to the letter and in spirit, the principle of ‘One Country, Two Systems’,” Li said, referring to the doctrine by which Hong Kong maintained certain freedoms and rights after it passed from British rule to Chinese in 1997.
“We pledge our full support to the chief executives and governments of (Hong Kong and Macau) in exercising law-based governance, growing their economies, improving people’s well-being, advancing democracy and promoting social harmony,” Li said.
Macau, a small island near Hong Kong, is also a special administered region of China.
He also had strong words for those who might seek independence for Taiwan. Officially the Republic of China, Taiwan has been self-governing since 1949, but Beijing claims it as an inalienable part of its territory.
“(China) will resolutely oppose and contain separatist activities for Taiwan independence,” Li said. “We will never tolerate any activity, in any form or name, which attempts to separate Taiwan from the motherland.”
Growing trend?
Within Hong Kong, calls for independence from China have been growing since the 2014 Umbrella Movement protests ended in no reforms to the existing political system.
For 79 days, thousands of protesters occupied Hong Kong’s financial district and elsewhere to demand true universal suffrage — one person, one vote, without the interference of Beijing.
The crowd was eventually dispersed by police, and organizers vowed to push for change by other means.
Hong Kong voters elect pro-democracy activists
In parliamentary elections last year, several pro-independence candidates were blocked from standing, but there was nevertheless a pronounced swing towards so-called localist parties, which support anything from greater autonomy to full self-rule.
Two pro-independence lawmakers who were elected never managed to take their seats however, having been ejected by the courts for failing to take their oaths of office properly after they staged a curse word-filled protest during the swearing-in process.
The intervention by Beijing into that case sparked more concerns by many Hong Kongers that the city’s autonomy — as guaranteed by “One Country, Two Systems” — is being eroded.

Fears

Anti-American views clear in new China propaganda

Beijing has always reacted angrily towards any promotion of independence for its special administered regions of Hong Kong and Macau, or suggestions from self-ruled Taiwan that the island should seek full legal independence.
A bizarre propaganda video posted online by the Chinese Supreme People’s Procuratorate, the country’s top prosecutor’s office, in August contrasted apocalyptic images of Syria and Iraq with bucolic views of China today.
“The haze of ‘domestic and international concerns’ has not dispersed from the Chinese sky,” the video said.
“Tibet, Xinjiang, Hong Kong and Taiwan separatism, as well as dissident leaders, lawyers who would fight until death and other agents of Western forces are damaging China’s internal stability and harmony. Behind all these incidents, we can often catch a glimpse of the dark shadow of the Stars and Stripes.”
Speaking to the South China Morning Post Sunday, political advisory body delegate Tam Yiu-chung said the mention of Hong Kong independence by Li shows that “Beijing is very concerned about the problem.”
“The central government would not tolerate it … it’s a very serious problem,” Tam said.
Some commentators have predicted that Hong Kong’s next leader, who will be chosen by a Beijing-dominated “election committee” later this month, will be told to crack down harder on pro-independence sentiment.
“(They) might be asked by Beijing to enact Article 23,” Chinese University of Hong Kong professor Willy Lam told CNN last year, referring to a hugely controversial anti-subversion law that led to mass street protests in 2003 and the eventual resignation of then Hong Kong Chief Executive Tung Chee-hwa.

China’s Economic Growth Goal For 2017 Is Set At 6.5%

(THIS ARTICLE IS COURTESY OF REUTERS NEWS AGENCY)

China is aiming to expand its economy by around 6.5 percent in 2017 as it continues to implement a proactive fiscal policy and maintain a prudent monetary policy, Premier Li Keqiang said on Sunday.

Top leaders at the National People’s Congress are tolerating slightly slower economic growth this year to give them more room to push through reforms to deal with a build-up in debt.

A lending binge and increased government spending last year have fueled worries about high debt levels and an overheating housing market.

Gross domestic product grew 6.7 percent in 2016, the slowest in 26 years, but within the government’s target range of 6.5 to 7 percent.

China will push forward with supply-side reforms this year and achieve new progress in structural adjustments in key areas, Li said in remarks prepared for delivery at the opening of the annual meeting of parliament.

China will also take steps to control risks and ensure safety in the financial sector, the premier said.

China should have higher levels of vigilance against risks from non-performing assets, debt defaults, shadow banking and internet finance, Li said.

It will steadily push forward with de-leveraging this year, mainly in the non-financial corporate sector, he said.

China will also push forward with asset securitization and debt-to-equity swaps this year.

China will continue to implement a city-based policy to reduce real estate inventories, mainly in the third and fourth-tier cities, Li said.

(Reporting by Kevin Yao; Writing by Ryan Woo; Editing by Will Waterman)

China Reacts Angrily To South Korea Wanting To Be Able To Protect Themselves From North Korean Missiles

(THIS ARTICLE IS COURTESY OF THE REUTERS NEWS AGENCY)

China angrily reacts with threats after South Korean missile defense decision

Chinese state media has reacted with anger and threats of boycotts after the board of an affiliate of South Korea’s Lotte Group approved a land swap with the government that will enable authorities to deploy a U.S. missile defense system.

The government decided last year to deploy the U.S. Terminal High Altitude Area Defense (THAAD) system, in response to the North Korean missile threat, on land that is part of a golf course owned by Lotte in the Seongju region, southeast of Seoul.

The board of unlisted Lotte International Co Ltd approved the deal with the government on Monday.

China objects to the deployment in South Korea of the THAAD, which has a powerful radar capable of penetrating Chinese territory, with Beijing saying it is a threat to its security and will do nothing to ease tension with North Korea.

Influential state-run Chinese tabloid the Global Times said in an editorial on Tuesday that Lotte should be shown the door in China.

“We also propose that Chinese society should coordinate voluntarily in expanding restrictions on South Korean cultural goods and entertainment exports to China, and block them when necessary,” it said in its English-language edition.

The paper’s Chinese version said South Korean cars and cellphones should be targeted as well.

“There are loads of substitutes for South Korean cars and cellphones,” it said.

The WeChat account of the overseas edition of the ruling Communist Party’s official People’s Daily said late on Monday that cutting diplomatic ties should also be considered.

“If THAAD is really deployed in South Korea, then China-South Korea relations will face the possibility of getting ready to cut off diplomatic relations,” it said.

The official Xinhua news agency also said in a commentary late on Monday that China “did not welcome this kind of Lotte”.

“Chinese consumers can absolutely say no to this kind of company and their goods based on considerations of ‘national security’,” it said.

South Korea’s defense ministry said on Tuesday it had signed a land swap deal with Lotte on the golf course in exchange for providing military property. A South Korean military official told Reuters the military would begin installing fences and soldiers would patrol the area.

The Lotte Group said on Feb. 8 Chinese authorities had stopped construction at a multi-billion dollar real estate project in China after a fire inspection, adding to concern in South Korea about damage to commercial relations with the world’s second-largest economy.

Asked if South Korea had demanded the Chinese government suspend any economic retaliation, South Korean Defence Ministry spokesman Moon Sang-kyun said: “We have continuously persuaded China so far and will keep continuing efforts to do so.”

South Korean government officials have said THAAD is a defensive measure against North Korean threats and does not target any other country.

South Korea’s central bank said this month the number of Chinese tourists visiting the tourist island of Jeju had fallen 6.7 percent over the Lunar New Year holiday from last year, partly because of China’s “anti-South Korea measures due to the THAAD deployment decision”.

(Reporting by Ben Blanchard; Additional reporting by Ju-min Park in SEOUL; Editing by Paul Tait)

China Gearing Up For Beijing 2022 Winter Olympic Games

(THIS ARTICLE IS COURTESY OF THE SHANGHAI DAILY NEWS)

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China gearing up for Beijing 2022 Winter Olympic Games

WHEN Chinese cross-country skier Man Dandan grabbed the country’s first gold medal at the Asian Winter Games in Sapporo, Japan on Feb. 20, winter sports fans nationwide were thrilled.

The prize was regarded as a breakthrough for the Chinese delegation, which used to fair better on the ice rink than on the skiing track.

Before the competition, Man had taken the first place in the ladies’ sprint final at the FIS China Tour de Ski Changchun stage. As a rising star, she began to terminate the domination of Nordic countries and regions in some tough games. These years’ Vasaloppet China Festivals, an annual cross-country skiing race launched in Sweden in 1922, also witnessed the rise of young athletes like Man.

“China began to learn how to improve its competitiveness in cross-country skiing events in 2003, several years before China’s bid for the 2022 Winter Olympics,” said Zhao Xiaolu, deputy director of Changchun sports bureau.

As we enter the second full year after Beijing was awarded the 2022 Winter Olympics, Chinese fans are noticing that many national winter sports teams have been established for the first time, such as the alpine skiing and bobsleigh & skeleton teams.

Chinese athletes also competed in all 64 events at the Sapporo Asian Winter Games, eager to test themselves in as many winter Olympic events as possible.

PREPARATION WORK FOR THE GAMES

As it prepares to host another edition of the Olympic games, Beijing’s preparation work is so far going smoothly, with construction on a new airport and venues on schedule.

Construction on the new airport, located in Beijing’s southern Daxing district is expected to be completed in 2019. It will have a capacity of 100 million trips per year, and will be 30 minutes’ ride to downtown Beijing via subway.

Beijing is also converting the 2008 Summer Olympic venues into sites for the Winter Games in an effort to keep costs under control.

Wukesong sports center, which hosted the basketball events in 2008, will host the ice hockey events in 2022. The National Aquatics Center, also known as the Water Cube, will become the curling rink.

According to the Organizing Committee for the Beijing 2022 Olympic and Paralympic Winter Games, Beijing will host three events, namely curling, ice hockey and skating, in 12 venues, including eight legacies of the 2008 Summer Games, three newly built venues, and one temporary venue.

President Xi Jinping stressed the need for solid preparation work for the Games when presiding over a symposium this week on the subject, saying that the work should embody the spirit of green, open and shared development, along with fairness and honesty.

He also vowed zero tolerance in regards to doping and corruption, saying China “should make the Winter Olympic Games as pure and clean as snow and ice.”

A HIGHER GOAL

Eyeing a successful tournament at home in 2022, China is also determined to become a winter sports powerhouse in the next decade.

The efforts are two-fold. On the one hand, China is focusing on improving its technical and tactical skills and gaining advantage in individual events. On the other hand, it aims to popularize winter sports among the general public.

In its bid for the 2022 Winter Olympics, China promised to the world that the country would attract more than 300 million people to take part in winter sports.

To achieve part of that goal, Changchun, capital of Jilin Province, has motivated one million teenagers to enjoy the city’s abundant skating rinks and ski resorts during the just-ended Chinese New Year holiday.

The central government also approved a 10-year plan on developing winter sports in November, 2016, aiming to expand the scale of the winter sports industry to one trillion yuan (about 145 billion U.S. dollars).

According to a document released by the municipal government in January, Beijing will have 40 new ice rinks across the city by 2020. Among them, 16 rinks, including 11 indoor rinks, have been built in 2016. Construction of another 10 venues will be completed this year. The rest will be constructed by 2020, the document said.

At Least Ten Dead In East China Hotel Fire

(THIS ARTICLE IS COURTESY OF THE SHANGHAI DAILY NEWS)

AT least 10 people were killed in a hotel fire Saturday morning in Nanchang, capital of east China’s Jiangxi Province, firefighters said.

The fire, which broke out around 8 a.m. in the HNA Platinum Mix Hotel in Honggutan New District, was put out around 9:40 a.m. More than 10 construction workers were working on the second floor at the time.

Firefighters found seven bodies in debris, and three of the 16 hospitalized died despite medical efforts.

The four-story hotel is connected to a 24-story apartment building where over 260 residents were evacuated.

Seven people in connection with the case have been taken into police custody.

Initial investigations found the fire was caused by cutting of decoration materials, and further investigation is underway.