Twin-Set Simona Barbieri Sandals - United Women Simona Twin-Set Simona Barbieri 22562 Sandals online on YOOX United Kingdom - 11328691RD ac9a4cf




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Twin-Set Simona Barbieri Sandals - United Women Simona Twin-Set Simona Barbieri 22562 Sandals online on YOOX United Kingdom - 11328691RD ac9a4cf - tonysbshop.com

    Twin-Set Simona Barbieri Sandals - United Women Simona Twin-Set Simona Barbieri 22562 Sandals online on YOOX United Kingdom - 11328691RD ac9a4cf
Twin-Set Simona Barbieri Sandals - United Women Simona Twin-Set Simona Barbieri 22562 Sandals online on YOOX United Kingdom - 11328691RD ac9a4cf

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.

Twin-Set Simona Barbieri Sandals - United Women Simona Twin-Set Simona Barbieri 22562 Sandals online on YOOX United Kingdom - 11328691RD ac9a4cf - 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.

Marc Ellis Ankle Boot - Women Marc Ellis Ankle Boots online on YOOX United Kingdom - 11533141XC , Pas De Rouge Court - Women Pas De Rouge Courts online on YOOX United Kingdom - 11517900MK , Elisabetta Franchi Ankle Boot - Women Elisabetta Franchi Ankle Boots online on YOOX United Kingdom - 11184088WTMarc Ellis Ankle Boot - Women Marc Ellis Ankle Boots online on YOOX United Kingdom - 11533402RIPretty Ballerinas Ballet Flats - Women Pretty Ballerinas Ballet Flats online on YOOX United Kingdom - 11548696WU , Sexy Woman Ankle Boot - Women Sexy Woman Ankle Boots online on YOOX United Kingdom - 11564452SQWhat For Ankle Boot - Women What For Ankle Boots online on YOOX United Kingdom - 11542413BFToni Pons Ankle Boot - Women Toni Pons Ankle Boots online on YOOX United Kingdom - 11520244DHEliana Bucci Ankle Boot - Women Eliana Bucci Ankle Boots online on YOOX United Kingdom - 11532648IJDonna Più Ankle Boot - Women Donna Più Ankle Boots online on YOOX United Kingdom - 11526965PS , Class Roberto Cavalli Court - Women Class Roberto Cavalli Courts online on YOOX United Kingdom - 11563085PRAlberto Fermani Ankle Boot - Women Alberto Fermani Ankle Boots online on YOOX United Kingdom - 11560473NE , Gai Mattiolo Ankle Boot - Women Gai Mattiolo Ankle Boots online on YOOX United Kingdom - 11546732FR67 Sixtyseven Ankle Boot - Women 67 Sixtyseven Ankle Boots online on YOOX United Kingdom - 11541708SFDaniela Mori Milano Sandals - Women Daniela Mori Milano Sandals online on YOOX United Kingdom - 11547329LS , Dolce & Gabbana Sneakers - Women Dolce & Gabbana Sneakers online on YOOX United Kingdom - 11234015OO , Mm6 Maison Margiela Sneakers - Women Mm6 Maison Margiela Sneakers online on YOOX United Kingdom - 11564721NMRoberto Della Croce Sneakers - Women Roberto Della Croce Sneakers online on YOOX United Kingdom - 11577925EODolce & Gabbana Court - Women Dolce & Gabbana Courts online on YOOX United Kingdom - 11463497GWClass Roberto Cavalli Sandals - Women Class Roberto Cavalli Sandals online on YOOX United Kingdom - 11563110WFDonna Più Ankle Boot - Women Donna Più Ankle Boots online on YOOX United Kingdom - 11527013LKEl Campero Ankle Boot - Women El Campero Ankle Boots online on YOOX United Kingdom - 11544518XSEliana Bucci Ankle Boot - Women Eliana Bucci Ankle Boots online on YOOX United Kingdom - 11532876HT , Nila & Nila Court - Women Nila & Nila Courts online on YOOX United Kingdom - 11475024GN , Tom Ford Ballet Flats - Women Tom Ford Ballet Flats online on YOOX United Kingdom - 11551175JQDonna Più Ankle Boot - Women Donna Più Ankle Boots online on YOOX United Kingdom - 11528387ID , What For Ankle Boot - Women What For Ankle Boots online on YOOX United Kingdom - 11540826AD , Coral Blue Open-Toe Mules - Women Coral Blue Open-Toe Mules online on YOOX United Kingdom - 11492420IQMarc Ellis Ankle Boot - Women Marc Ellis Ankle Boots online on YOOX United Kingdom - 11533309HP
Divine Follie Ankle Boot - Women Divine Follie Ankle Boots online on YOOX United Kingdom - 11563567CBMadame Ines Sandals - Women Madame Ines Sandals online on YOOX United Kingdom - 11172139XXLeather Crown Sneakers - Women Leather Crown Sneakers online on YOOX United Kingdom - 11262148CT , Philipp Plein Loafers - Women Philipp Plein Loafers online on YOOX United Kingdom - 11454470IB , Cocorose London Sneakers - Women Cocorose London Sneakers online on YOOX United Kingdom - 11293025KE , Bibi Lou Loafers - Women Bibi Lou Loafers online on YOOX United Kingdom - 11471044RD , STROVER 450 FASHION FOOTWEAR FOR WOMENSee By Chloé Open-Toe Mules - Women See By Chloé Open-Toe Mules online on YOOX United Kingdom - 44580890FISteve Madden Black & Gold Chain Link Leather Thong SandalsBOBS from SKECHERS Bobs Plush - Daisy Dayz , men's/women's Caparros Jerilyn Heels Fast deliverymen/women Naturalizer Taimi Heels Special price , Malibu sportswear sneakers , navy, Levi's , Rockport Total Motion Taja Quarter Strap , ASOS DESIGN | ASOS DESIGN Potion premium leather high heels , Diesel Sneakers - Men Diesel Sneakers online on YOOX United Kingdom - 11535312TWForever New DIEGO STILLETTO POINTED COURT SHOE - High heelsman/woman Osiris D3 2001 Sneakers & Athletic Osiris Great variety , Forever New SAGE CUT OUT POINTED BOOTIE - High heeled ankle boots Colour: blackVicini Court - Women Vicini Courts online on YOOX United Kingdom - 11509176UGHogan Boots - Women Hogan Boots online on YOOX United Kingdom - 11566623KPAlberto Fermani Boots - Women Alberto Fermani Boots online on YOOX United Kingdom - 11560505DN , Giancarlo Paoli Court - Women Giancarlo Paoli Courts online on YOOX United Kingdom - 11279478KC , M&P Maypol Sandals - Women M&P Maypol Sandals online on YOOX United Kingdom - 11501643US , Piampiani Ankle Boot - Women Piampiani Ankle Boots online on YOOX United Kingdom - 11491329OG , Marco Barbabella Court - Women Marco Barbabella Courts online on YOOX United Kingdom - 11515999WN , TUUEUJOO G.H. Bass & Co. CooperkoydYxie FRANSA 830 BALLERINAS FOR WOMEN , Shopping promotion Miz Mooz Lilith , VIVA LA VIDA Mocasin Viva La Vida De Piel Negro 217 SHOES FOR WOMEN ,

Twin-Set Simona Barbieri Sandals - United Women Simona Twin-Set Simona Barbieri 22562 Sandals online on YOOX United Kingdom - 11328691RD ac9a4cf - tonysbshop.com

Twin-Set Simona Barbieri Sandals - United Women Simona Twin-Set Simona Barbieri 22562 Sandals online on YOOX United Kingdom - 11328691RD ac9a4cf
Previous Next
All Headlines Back to Top
Shoes 2357171
7486663
7539955
8843652
10388477
11072033
12251386
15136257
15917496