DALIAN Air Max 270 Womens Shoes Sale , Aug. 18 (Xinhua) -- The fire that broke out Thursday in a chemical plant in Dalian, northeast China's Liaoning Province, was caused by leak in an oil pump, authorities said Friday.
The fire broke out at around 6:40 p.m. in a subsidiary of state-owned PetroChina Company Limited in the coastal city, according to the local publicity department. No casualties were reported.
Liu Yan Air Max 270 Shoes Sale , Dalian's deputy mayor, said that the leak occurred in a pump in the company's catalytic cracking unit that churns out 1.4 million tonnes of heavy oil annually.
Representatives from the company said that the accident showed vulnerabilities in safety management.
"We need to learn lessons from the fire and launch a safety inspection to rule out further risks," Liu said.
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BEIJING, Sept. 13 (Xinhua) -- China will continue to open its forex market and let the market decide exchange rates, a senior official said on Wednesday.
"We will not change the direction of opening up and will make more efforts in the currency and finance sectors Air Max 270 Dusty Cactus Sale ," said Lu Lei, deputy director of the State Administration of Foreign Exchange (SAFE).
Lu said the Chinese market is immature as it is transforming and the situation will be changed through opening up. The authorities will encourage more domestic companies to go global and welcome more foreign companies join domestic market players.
China's central bank announced Monday that it had scrapped reserve requirements of 20 percent for financial institutions settling foreign exchange forward yuan positions.
Meanwhile, the central bank's substantial supervision of reserves put aside by foreign financial institutions was also loosened.
The move is expected to make it cheaper for companies and investors to buy dollars while selling the yuan, and thereby help ease the pace of the Chinese currency's recent rally, analysts said.
The central parity rate of the yuan continued to weaken against the U.S. dollar after China relaxed control on capital outflows and the dollar rebounded from last week's drop.
The central parity rate of the yuan weakened 105 basis points to 6.5382 against the U.S. dollar on Wednesday Air Max 270 Mens Sale , according to China Foreign Exchange Trade System.
BEIJING, May 18 (Xinhua) -- A large scale ransomware computer virus known as WannaCry broke out on May 12 to take hostage of computer files, affecting some 150 countries globally.
The ransomware has locked up their data with a message to demand a ransom payment of digital currency bitcoin worth from 300 U.S. dollars to 600 dollars. The following is a brief introduction to bitcoin:
Bitcoin is a digital currency invented by Satoshi Nakamoto, the pseudonym of an unknown programmer or a group of programmers.
The digital payment system was released as open-source software in 2009. Thus bitcoins, basically lines of computer code Air Max 270 Womens Sale , are not issued by a bank or a government.
The owners of bitcoins can use the digital currency to buy goods or services, or change into real currency, if people and businesses accept bitcoins for payments or exchange.
The value of bitcoins fluctuate swiftly. A year ago, one bitcoin was worth some 457 U.S. dollars, while it recently traded for 1 Air Max 270 Sale ,825 dollars, according to Coinbase, a company that helps users buy and sell bitcoins.
Bitcoin is pseudonymous, which means that funds are not tied to real-world entities but rather bitcoin addresses.
The digital payment system is peer-to-peer and transactions take place between users directly, without an intermediary and can be made anonymously. That's why cyber attackers prefer to choose the cryptocurrency for hacked computer users to pay the ransom.
The transactions are anonymous but traceable Nike Air Max 270 Dusty Cactus Shoes , because all the transactions are stored in databases called blockchains and people can monitor bitcoin addresses and see how the "money" moves.
Less than 70,000 U.S. dollars has been paid in the recent ransomware cyberattack, White House Homeland Security adviser Tom Bossert told a daily briefing on Monday.
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