Victoria Beckham Court - Women Women Victoria Kingdom Beckham brisbanech-26883 Courts online on YOOX United Kingdom - 11447435EW eaa87da




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Victoria Beckham Court - Women Women Victoria Kingdom Beckham brisbanech-26883 Courts online on YOOX United Kingdom - 11447435EW eaa87da - tonysbshop.com

    Victoria Beckham Court - Women Women Victoria Kingdom Beckham brisbanech-26883 Courts online on YOOX United Kingdom - 11447435EW eaa87da
Victoria Beckham Court - Women Women Victoria Kingdom Beckham brisbanech-26883 Courts online on YOOX United Kingdom - 11447435EW eaa87da

September 12, 2018 08:15

Amid a worsening tariff battle, China is putting off accepting license applications from American companies in financial services and other industries until Washington makes progress toward a settlement, an official of a business group said Tuesday.

The disclosure is the first public confirmation of U.S. companies' fears that their operations in China or access to its markets might be disrupted by the battle over Beijing's technology policy. China is running out of American imports for penalties in response to U.S. President Donald Trump's tariff hikes, which has prompted worries that Chinese regulators might target operations of U.S. companies.

The license delay applies to industries Beijing has promised to open to foreign competitors, according to Jacob Parker, vice president for China operations of the U.S.-China Business Council. The group represents some 200 American companies that do business with China.

In meetings over the past three weeks, Cabinet-level officials told USCBC representatives they are putting off accepting applications "until the trajectory of the U.S.-China relationship improves and stabilizes," Parker said.

Chinese authorities have promised to increase foreign access to areas including banking, securities, insurance and asset management. "There seem to be domestic political pressures that are working against the perception of U.S. companies receiving benefits" during the dispute, Parker said.

As for what improvement might entail, Parker said Chinese officials want an end to Trump's tariff hikes and a negotiated settlement. He declined to identify the officials but, in a sign Beijing wants foreign companies to help lobby Washington, said the meetings represented "unprecedented access" for his group.

Beijing matched Trump's earlier tariff increase on $50 billion of imports but is running out of American goods for retaliation due to their lopsided trade balance. China bought American goods worth about $1 for every $3 of goods it exported to the United States.

Trump is poised to decide whether to raise duties on $200 billion of Chinese goods. Beijing has issued a $60 billion list of goods for retaliation. A foreign ministry spokesman, Geng Shuang, said Monday that China will "definitely take countermeasures" if the tariff hike goes ahead.

Victoria Beckham Court - Women Women Victoria Kingdom Beckham brisbanech-26883 Courts online on YOOX United Kingdom - 11447435EW eaa87da - tonysbshop.com
An online video about U.S.-China trade tensions produced by China's state television broadcaster plays on a computer screen in Beijing, China on Aug. 23, 2018. /AP

Economists have warned Beijing might target service industries such as engineering or logistics, in which the United States runs a trade surplus with China.

Chinese commentators have suggested Beijing might use its multitrillion-dollar holdings of U.S. government debt as a weapon, though that would impose costs on China. State-controlled media have encouraged boycotts of Japanese and South Korean products in past disputes with those governments.

The government said in June it would impose unspecified "comprehensive measures" if necessary. That left U.S. companies on edge about whether Beijing will use its heavily regulated economy to disrupt their operations by withholding licenses or launching tax, anti-monopoly or other investigations.

Chinese leaders reject Trump's demand to roll back official industry plans such as "Made in China 2025," which calls for state-led creation of global champions in robotics, artificial intelligence and other technologies.

Washington, Europe and other trading partners say those plans violate Beijing's market-opening commitments. But Communist leaders see them as a path to prosperity and global influence.

Chinese negotiators agreed in May to narrow their multibillion-dollar trade surplus with the United States by purchasing more American soybeans and other products. Beijing scrapped that deal after Trump's first tariff increase went ahead July 6.

In addition to rolling back industry plans, the Trump administration wants Beijing to reduce the privileges of state-owned companies and eliminate requirements for foreign companies to hand over technology to Chinese partners.

In their meetings with the USCBC, Chinese officials expressed willingness to buy more American exports but "showed no appetite at all" to talk about industry reform, technology policy or other U.S. priorities, Parker said. "I don't consider that to be very positive for any kind of negotiated outcome in the short term or medium term," he said.

Chinese regulators have shown their willingness to attack foreign companies in disputes with other governments. Last year, Beijing destroyed South Korean retailer Lotte's business in China after it sold a golf course in South Korea to the country's government for construction of a missile defense system opposed by Chinese leaders.

Beijing closed most of Lotte's 99 supermarkets and other outlets in China. Seoul and Beijing later mended relations, but Lotte gave up and sold its China operations.

Elisabetta Neri Loafers - Women Elisabetta Neri Loafers online on YOOX United Kingdom - 11487621PKEtro Ballet Flats - Women Etro Ballet Flats online on YOOX United Kingdom - 11184939OKDeimille Ankle Boot - Women Deimille Ankle Boots online on YOOX United Kingdom - 11247863VW , Premiata Ankle Boot - Women Premiata Ankle Boots online on YOOX United Kingdom - 11500372LS , Suecomma Bonnie Loafers - Women Suecomma Bonnie Loafers online on YOOX United Kingdom - 11482869MAPaola D'arcano Loafers - Women Paola D'arcano Loafers online on YOOX United Kingdom - 11480730QB , Loretta Pettinari Loafers - Women Loretta Pettinari Loafers online on YOOX United Kingdom - 11474693WHMoreschi Ankle Boot - Women Moreschi Ankle Boots online on YOOX United Kingdom - 11462620AQ , Alexander Smith Sneakers - Women Alexander Smith Sneakers online on YOOX United Kingdom - 11501059ODLoretta Pettinari Loafers - Women Loretta Pettinari Loafers online on YOOX United Kingdom - 11474706SP , Smith's American Loafers - Women Smith's American Loafers online on YOOX United Kingdom - 11136623HQ , Fabrizio Chini Loafers - Women Fabrizio Chini Loafers online on YOOX United Kingdom - 11334836TULoretta Pettinari Loafers - Women Loretta Pettinari Loafers online on YOOX United Kingdom - 11473874WSUnited Nude Sandals - Women United Nude Sandals online on YOOX United Kingdom - 11326915WHAlberto Moretti Court - Women Alberto Moretti Courts online on YOOX United Kingdom - 11488083WHCalpierre Ankle Boot - Women Calpierre Ankle Boots online on YOOX United Kingdom - 11458939PTOttod'ame Ankle Boot - Women Ottod'ame Ankle Boots online on YOOX United Kingdom - 11283619XQ , Federica Stella Court - Women Federica Stella Courts online on YOOX United Kingdom - 11391200AD , Charme Ankle Boot - Women Charme Ankle Boots online on YOOX United Kingdom - 11454198OOLuciano Barachini Sandals - Women Luciano Barachini Sandals online on YOOX United Kingdom - 11357556RWGioseppo Ankle Boot - Women Gioseppo Ankle Boots online on YOOX United Kingdom - 11223278MU , Antonio Barbato Loafers - Women Antonio Barbato Loafers online on YOOX United Kingdom - 11461539AN , Marsèll Ankle Boot - Women Marsèll Ankle Boots online on YOOX United Kingdom - 11028510CSFelmini Ankle Boot - Women Felmini Ankle Boots online on YOOX United Kingdom - 11144561KXHummel Diamant - Sneakers - Women Hummel Sneakers online on YOOX United Kingdom - 11221181GJJeffrey Campbell Sandals - Women Jeffrey Campbell Sandals online on YOOX United Kingdom - 11467215JGNatan Ankle Boot - Women Natan Ankle Boots online on YOOX United Kingdom - 11505303XN , F.Lli Bruglia Court - Women F.Lli Bruglia Courts online on YOOX United Kingdom - 11520231GDI.N.K. Shoes Loafers - Women I.N.K. Shoes Loafers online on YOOX United Kingdom - 11482222FN
Rick Owens Ankle Boot - Women Rick Owens Ankle Boots online on YOOX United Kingdom - 11515914XSNorma J.Baker Ankle Boot - Women Norma J.Baker Ankle Boots online on YOOX United Kingdom - 11516210CQNike Performance AIR ZOOM PEGASUS 34 - Neutral running shoes - gym blue/sailblue/vast grey blackECCO Sport Terra Evo High Gore-Tex , woman Bottega Veneta Wedges Guarantee quality and quantityNew Balance 840 Suede/Mesh - Sneakers - Women New Balance Sneakers online on YOOX United Kingdom - 11467096NN , MISS Tory Burch Sandal Wedges First in his class , BRUNATE 31503 ZAPATO DE SALóN PARA MUJER , WOMENS Prada Black Nylon Tech Sneakers superiormens/womens Spring Step Allenisa Heels Modern technology , Converse ONE STAR - Trainers Colour: black , men/women Bandolino Bellow Boots New market , le coq sportif CARCANS SPORT - Trainers - black , men's/women's KENDALL + KYLIE Tessa Sandals Carefully selected materialsmen/women Deer Stags Reason Loafers At a lower price , Nike Sneakers - Men Nike Sneakers online on YOOX United Kingdom - 11521071TCButtero® Sandals - Women Buttero® Sandals online on YOOX United Kingdom - 11166960TG , Spaziomoda Boots - Women Spaziomoda Boots online on YOOX United Kingdom - 11449202WNPremiata Boots - Women Premiata Boots online on YOOX United Kingdom - 11527649AVStrategia Boots - Women Strategia Boots online on YOOX United Kingdom - 11549973FB , Adieu Sneakers - Women Adieu Sneakers online on YOOX United Kingdom - 11575545IQRichmond Sneakers - Women Richmond Sneakers online on YOOX United Kingdom - 11424870DK , Doucal's Ankle Boot - Women Doucal's Ankle Boots online on YOOX United Kingdom - 11504741HSGiuseppe Zanotti Sandals - Women Giuseppe Zanotti Sandals online on YOOX United Kingdom - 11257359JMAnya Hindmarch Espadrilles - Women Anya Hindmarch Espadrilles online on YOOX United Kingdom - 11358688RW , Various types and styles Dr. Martens 1460 Core , Different styles Vans Chima Pro 2Tory Burch Sahara /Beige/Metallic/Gold 262 High Top Evelin Sneakers Split Suede Sneakerslady Tory Burch Black Twiggy Wedges Reliable qualitywomens Jeffrey Campbell Black/Silver/Clear Soiree-030 Sandals Full specification

Victoria Beckham Court - Women Women Victoria Kingdom Beckham brisbanech-26883 Courts online on YOOX United Kingdom - 11447435EW eaa87da - tonysbshop.com

Victoria Beckham Court - Women Women Victoria Kingdom Beckham brisbanech-26883 Courts online on YOOX United Kingdom - 11447435EW eaa87da
Previous Next
All Headlines Back to Top
Shoes 794446
1082728
6566715
8292635
8375988
10889126
11958532
12773358
16257586