Cafènoir Kingdom Sneakers - Men - Cafènoir Sneakers online United on YOOX United Kingdom - 11515605SM 092244d




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Cafènoir Kingdom Sneakers - Men - Cafènoir Sneakers online United on YOOX United Kingdom - 11515605SM 092244d - tonysbshop.com

    Cafènoir Kingdom Sneakers - Men - Cafènoir Sneakers online United on YOOX United Kingdom - 11515605SM 092244d
Cafènoir Kingdom Sneakers - Men - Cafènoir Sneakers online United on YOOX United Kingdom - 11515605SM 092244d

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.

Cafènoir Kingdom Sneakers - Men - Cafènoir Sneakers online United on YOOX United Kingdom - 11515605SM 092244d - 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.

Barracuda Sneakers - Men Barracuda Sneakers online on YOOX United Kingdom - 11532071AJ , C1rca Sneakers - Men C1rca Sneakers online on YOOX United Kingdom - 11506683CSEleventy Loafers - Men Eleventy Loafers online on YOOX United Kingdom - 11242635AJ , Barracuda Sneakers - Men Barracuda Sneakers online on YOOX United Kingdom - 11532770CRKwots Sneakers - Men Kwots Sneakers online on YOOX United Kingdom - 11532685CO , O.X.S. Sneakers - Men O.X.S. Sneakers online on YOOX United Kingdom - 11118309TRSubmarine Boots - Men Submarine Boots online on YOOX United Kingdom - 11511092CW , Igi&Co Sneakers - Men Igi&Co Sneakers online on YOOX United Kingdom - 11463791VXBarracuda Sneakers - Men Barracuda Sneakers online on YOOX United Kingdom - 11532767QQ , Moma Sneakers - Men Moma Sneakers online on YOOX United Kingdom - 11509237IXKeep Loafers - Men Keep Loafers online on YOOX United Kingdom - 11520058GJ , O.X.S. Sneakers - Men O.X.S. Sneakers online on YOOX United Kingdom - 11444027LV , Ishikawa Sneakers - Men Ishikawa Sneakers online on YOOX United Kingdom - 11520138LT , Diadora Sneakers - Men Diadora Sneakers online on YOOX United Kingdom - 11535910WV , Mccaffrey Sneakers - Men Mccaffrey Sneakers online on YOOX United Kingdom - 11463819SFBarracuda Sneakers - Men Barracuda Sneakers online on YOOX United Kingdom - 11376381WQSaxone Sneakers - Men Saxone Sneakers online on YOOX United Kingdom - 11282591IVSnobs® Boots - Men Snobs® Boots online on YOOX United Kingdom - 11254689HV , Nike Sneakers - Men Nike Sneakers online on YOOX United Kingdom - 11245976HECamper Sneakers - Men Camper Sneakers online on YOOX United Kingdom - 11523270MB , Barracuda Sneakers - Men Barracuda Sneakers online on YOOX United Kingdom - 11532094RO , Crisci Loafers - Men Crisci Loafers online on YOOX United Kingdom - 11498614LC , Moma Loafers - Men Moma Loafers online on YOOX United Kingdom - 11516584OP , Ortigni Loafers - Men Ortigni Loafers online on YOOX United Kingdom - 11515323RO , Barbati Loafers - Men Barbati Loafers online on YOOX United Kingdom - 11528108NA , Espadrilles Espadrilles - Men Espadrilles Espadrilles online on YOOX United Kingdom - 11194904AOSantoni Sneakers - Men Santoni Sneakers online on YOOX United Kingdom - 11533854CED.A.T.E. Sneakers - Men D.A.T.E. Sneakers online on YOOX United Kingdom - 11519184BVSantoni Loafers - Men Santoni Loafers online on YOOX United Kingdom - 11519594HN ,
Bibi Lou Ankle Boot - Women Bibi Lou Ankle Boots online on YOOX United Kingdom - 11264091KKNr Rapisardi Ankle Boot - Women Nr Rapisardi Ankle Boots online on YOOX United Kingdom - 11504808ME , Pacer Next Net Sneakers | Wh White-Whi White-Whi White , Moa Master Of Arts Sneakers - Women Moa Master Of Arts Sneakers online on YOOX United Kingdom - 11509595RK , Juli Pascal Paris Ankle Boot - Women Juli Pascal Paris Ankle Boots online on YOOX United Kingdom - 11546873IUladies Fendi Brown Zucca Canvas Wedges Highly appreciated and widely trusted in and out , ladies Vince Camuto Cream White Wedges Win the praise of customers , WOMEN Tory Burch Black Ali Sandals Durable service , CLARKS Blanche Melody FASHION FOOTWEAR FOR WOMEN , MISS Black Summer Fun Wedges Many styles , LADY Dolce Vita Leopard Witley Sandals qualityMen/Women Mephisto Ludmila Boots Immediate delivery , Men/Women Rose Petals Bean Flats Guarantee quality and quantitymen/women Kenneth Cole New York Lex Heels reliable qualityVersace Sneakers - Men Versace Sneakers online on YOOX United Kingdom - 11528703XS , Jp/David Boots - Men Jp/David Boots online on YOOX United Kingdom - 11527253VL , Frau Boots - Men Frau Boots online on YOOX United Kingdom - 44947837IJ , mens/womens Teva Universal Slide Sandals Adequate supply and timely delivery , Crime London Sneakers - Men Crime London Sneakers online on YOOX United Kingdom - 11494772XGDiemme Sneakers - Women Diemme Sneakers online on YOOX United Kingdom - 11500824WMButtero® Ankle Boot - Women Buttero® Ankle Boots online on YOOX United Kingdom - 11553345LI , Cuplé Ankle Boot - Women Cuplé Ankle Boots online on YOOX United Kingdom - 11558338EF , Melissa Flip Flops - Women Melissa Flip Flops online on YOOX United Kingdom - 11353424OJLa Siesta Sneakers - Men La Siesta Sneakers online on YOOX United Kingdom - 11574790SS , womens Nine West Silver Wedges Let our products go out into the worldWOMEN Valentino Gold Formal Shoes New products in 2404 , LADY Prada Black-patent Leather Demi Wedges Very good quality , Prada Metallic Silver Leather Low Top Sneakers SneakersWOMENS Aquazzura Nude Belgravia 75 Pumps packaging diversity , womens Beverly Feldman Brown Crystal Sandals brand

Cafènoir Kingdom Sneakers - Men - Cafènoir Sneakers online United on YOOX United Kingdom - 11515605SM 092244d - tonysbshop.com

Cafènoir Kingdom Sneakers - Men - Cafènoir Sneakers online United on YOOX United Kingdom - 11515605SM 092244d
Previous Next
All Headlines Back to Top
Shoes 1632204
2167830
3831011
8068360
11879060
12503021
14732395
15117548
18790831