Adidas Pieces Adidas PSDITTE - Ankle 16412 Pieces boots - black bb36695

China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Adidas Pieces Adidas PSDITTE - Ankle 16412 Pieces boots - black bb36695 -

    Adidas Pieces Adidas PSDITTE - Ankle 16412 Pieces boots - black bb36695
Adidas Pieces Adidas PSDITTE - Ankle 16412 Pieces boots - black bb36695

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.

Adidas Pieces Adidas PSDITTE - Ankle 16412 Pieces boots - black bb36695 -
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.

Adidas Donna Carolina Classic ankle boots - neroAdidas Dune London LOVEYDOVEY - Mules - blush , Adidas Pinto Di Blu Platform boots - redAdidas El Naturalista ANGKOR - Boots - blackAdidas Steve Madden CLIFF - Trainers - pink/multicolor , Adidas Carvela Comfort CLICK - Slip-ons - black , Adidas Vagabond DONNA - Classic heels - black , Adidas Dr. Martens GRACIA - Slip-ons - blackAdidas Vagabond EBBA - Ankle boots - white , Adidas Converse STAR PLAYER - Trainers - black/whiteAdidas Vagabond SUZAN - Ankle boots - blackAdidas Tigha SIYA - Ankle boots - black , Adidas Love Moschino PLATFORM - Trainers - bianco , Adidas Buffalo AMBERLIGHT - Ankle boots - black , Adidas Carvela ALISON - High heels - fushiaAdidas ecco SOFT LADIES - Trainers - black , Adidas Puma VIKKY PLATFORM - Trainers - black/whiteAdidas Bullboxer High heeled ankle boots - berryAdidas Reebok Classic WORKOUT - Trainers - coal/whiteAdidas Peter Kaiser BLANKA - Slip-ons - navyAdidas Vagabond CAMILLE - Ankle boots - black , Adidas Peter Kaiser BRIT - Boots - greyAdidas Everybody Classic ankle boots - guanto nero , Adidas Alma en Pena Ankle boots - black , Adidas Office FAWCETT - Mules - blackAdidas Rapisardi TESS - Over-the-knee boots - black , Adidas Peter Kaiser BRIT - Boots - sable , Adidas Love Moschino High-top trainers - fantasy color , Adidas Steve Madden NOAH - Trainers - pink ,
Diane Von Furstenberg Court - Women Diane Von Furstenberg Courts online on YOOX United Kingdom - 11149510IR , Dolce & Gabbana Sandals - Women Dolce & Gabbana Sandals online on YOOX United Kingdom - 11520215INSteve Madden Ankle Boot - Women Steve Madden Ankle Boots online on YOOX United Kingdom - 11442850BR , Avec Modération Sandals - Women Avec Modération Sandals online on YOOX United Kingdom - 11340205SX , Leather Crown Sneakers - Women Leather Crown Sneakers online on YOOX United Kingdom - 11526865VOCult Ankle Boot - Women Cult Ankle Boots online on YOOX United Kingdom - 11500898MFNEW BALANCE Ws 247 Ua HIGH-TOP TRAINERS?FOR WOMENAthletic Propulsion Labs Rose Gold Apl Woman’s SneakersMen/Women Nine West Kinda Boots Reliable performanceHomers BIO - Slippers Colour: aviatoreAdidas H?gl Classic heels - dark plum , Hogan Sneakers - Men Hogan Sneakers online on YOOX United Kingdom - 11067930JMMen/Women Summit by White Mountain Laney Heels Known for its beautiful qualityManas Boots - Women Manas Boots online on YOOX United Kingdom - 11502354BS , Khrio' Boots - Women Khrio' Boots online on YOOX United Kingdom - 11492169NI , Prezioso Court - Women Prezioso Courts online on YOOX United Kingdom - 11414635BUTod's Sneakers - Women Tod's Sneakers online on YOOX United Kingdom - 11412726XS , Fabio Rusconi Sandals - Women Fabio Rusconi Sandals online on YOOX United Kingdom - 11547000RHRobert Clergerie Loafers - Women Robert Clergerie Loafers online on YOOX United Kingdom - 11486729UX , Lella Baldi Court - Women Lella Baldi Courts online on YOOX United Kingdom - 11491489UH , Tory Burch Sandals - Women Tory Burch Sandals online on YOOX United Kingdom - 11534843PBSteve Madden Court - Women Steve Madden Courts online on YOOX United Kingdom - 11444089QC , Ermenegildo Zegna Sneakers - Men Ermenegildo Zegna Sneakers online on YOOX United Kingdom - 11390971TL , See by Chloé Black Sb26192 SandalsWOMEN Versace Multicolor Platforms Different styleswoman beek Black Cardinal Sandals UniqueAriat Probaby Ariat styling in a high performance boot , Trotters Aubrey Alleviate achy feet with the adorable and comfortable Aubrey flat from Trotters , adidas 5-Star Championships don't win themselves, train up all year for you chance at the ring with the adidas 5-Star Mid football cleatwomen Tory Burch Black Tatiana Sandals in short supply

Adidas Pieces Adidas PSDITTE - Ankle 16412 Pieces boots - black bb36695 -

  • Copyright © Chosunilbo &
Adidas Pieces Adidas PSDITTE - Ankle 16412 Pieces boots - black bb36695
Previous Next
All Headlines Back to Top
Shoes 519186