Property developers to buy blast-hit apartments in Tianjin

Now the latest on the aftermath of warehouse explosions in north China’s port city of Tianjin…

The death toll from the blasts has risen to 135, including 81 firefighters and seven policemen.

The blasts have also wreaked havoc on residential buildings near the blast site.

State-owned property developers say they will purchase the blast-hit apartments.

Two residential compounds were seriously damaged by the recent warehouse blasts in Tianjin, along with thousands of cars at a parking lot near the site.

For two weeks, debris and chemicals around the warehouse were being cleaned.

Over 200 companies have resumed operation after a suspension caused by the blast.

Workers have partially restored power supply for some damaged buildings.

Five state-owned property developers in Tianjin have formed an alliance, pledging to purchase blast-hit apartments from residents.

SOUNDBITE(CHINESE)ZHANG BINGJUN, President, Tianjin Teda Investment Holding Company
“We have formed a bloc called “responsibility alliance”. It’s not a commercial alliance. We will not make profits by commercial means and will fully consider out social responsibility.”

Thousands of the blast-affected people have turned to their relatives for shelter or returned to their hometowns.

Only 95 people remain in a school used as a temporary shelter.

Police have detained executives of the warehouse’s owner, Tianjin Rui Hai International Logistics Co., including company head Yu Xuewei and deputy head Dong Shexuan.

The State Council, China’s cabinet, has promised a thorough investigation into the deadly blasts.

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