Patrizia Pepe Boots - Pepe Women Patrizia Pepe Boots Kingdom online Boots on YOOX United Kingdom - 11545008RK fc6fb3d




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Patrizia Pepe Boots - Pepe Women Patrizia Pepe Boots Kingdom online Boots on YOOX United Kingdom - 11545008RK fc6fb3d - tonysbshop.com

    Patrizia Pepe Boots - Pepe Women Patrizia Pepe Boots Kingdom online Boots on YOOX United Kingdom - 11545008RK fc6fb3d
Patrizia Pepe Boots - Pepe Women Patrizia Pepe Boots Kingdom online Boots on YOOX United Kingdom - 11545008RK fc6fb3d

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.

Patrizia Pepe Boots - Pepe Women Patrizia Pepe Boots Kingdom online Boots on YOOX United Kingdom - 11545008RK fc6fb3d - 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.

Ebarrito Ankle Boot - Women Ebarrito Ankle Boots online on YOOX United Kingdom - 11555131PC , Lorenzo Masiero Boots - Women Lorenzo Masiero Boots online on YOOX United Kingdom - 11554375DX , Lorenzo Masiero Boots - Women Lorenzo Masiero Boots online on YOOX United Kingdom - 11554394OCCasadei Ankle Boot - Women Casadei Ankle Boots online on YOOX United Kingdom - 11555287UIDesigual Ankle Boot - Women Desigual Ankle Boots online on YOOX United Kingdom - 11556756RA , Lola Cruz Sandals - Women Lola Cruz Sandals online on YOOX United Kingdom - 11553240DRFrau Ankle Boot - Women Frau Ankle Boots online on YOOX United Kingdom - 11557696UR , Tiffi Ankle Boot - Women Tiffi Ankle Boots online on YOOX United Kingdom - 11557102JG , Papucei Ankle Boot - Women Papucei Ankle Boots online on YOOX United Kingdom - 11556433AO , Piranha Ankle Boot - Women Piranha Ankle Boots online on YOOX United Kingdom - 11556777TF , Clocharme Ankle Boot - Women Clocharme Ankle Boots online on YOOX United Kingdom - 11556476VAJp/David Ankle Boot - Women Jp/David Ankle Boots online on YOOX United Kingdom - 11556857CQ , Baldi Ankle Boot - Women Baldi Ankle Boots online on YOOX United Kingdom - 11557164RR , Studio Pollini Boots - Women Studio Pollini Boots online on YOOX United Kingdom - 11557873BMLogan Ankle Boot - Women Logan Ankle Boots online on YOOX United Kingdom - 11557335NR , Felmini Ankle Boot - Women Felmini Ankle Boots online on YOOX United Kingdom - 11556524IXDondup Ankle Boot - Women Dondup Ankle Boots online on YOOX United Kingdom - 11556880GS , Vic Ankle Boot - Women Vic Ankle Boots online on YOOX United Kingdom - 11558165UUSergio Rossi Loafers - Women Sergio Rossi Loafers online on YOOX United Kingdom - 11563509WIPantanetti Ankle Boot - Women Pantanetti Ankle Boots online on YOOX United Kingdom - 11558216ND , Stella Mccartney Sneakers - Women Stella Mccartney Sneakers online on YOOX United Kingdom - 11563452HAFru.It Ankle Boot - Women Fru.It Ankle Boots online on YOOX United Kingdom - 11557013CRLena Milos Boots - Women Lena Milos Boots online on YOOX United Kingdom - 11556897PSBarbara R Boots - Women Barbara R Boots online on YOOX United Kingdom - 11557027DPMelissa Ballet Flats - Women Melissa Ballet Flats online on YOOX United Kingdom - 11558516RXAlberto Guardiani Sandals - Women Alberto Guardiani Sandals online on YOOX United Kingdom - 11561542CHTibi Ankle Boot - Women Tibi Ankle Boots online on YOOX United Kingdom - 11560823KQ , Elisa Mey® Sandals - Women Elisa Mey® Sandals online on YOOX United Kingdom - 11558935WRCafènoir Open-Toe Mules - Women Cafènoir Open-Toe Mules online on YOOX United Kingdom - 11558548GB
Le Marinē Ankle Boot - Women Le Marinē Ankle Boots online on YOOX United Kingdom - 11349420VPLucy Choi London Boots - Women Lucy Choi London Boots online on YOOX United Kingdom - 11446254XJLuciano Barachini Ankle Boot - Women Luciano Barachini Ankle Boots online on YOOX United Kingdom - 11538165LSDune London Casandra - Court - Women Dune London Courts online on YOOX United Kingdom - 11451301KI , Rodolphe Menudier Sandals - Women Rodolphe Menudier Sandals online on YOOX United Kingdom - 11015007HQ , ECCO 12208350075 LOW-TOP TRAINERS FOR WOMEN , Nike Red Flex 2014 Run SneakersEürosoft by Söfft Multi. Black/White Sandals , Asics Tiger Gel-Lyte Iii - Sneakers - Women Asics Tiger Sneakers online on YOOX United Kingdom - 11148567QEINUOVO Botn Inuovo De Piel Marrn Makemake FASHION BOOTS FOR WOMENMARIA MARE 67012 C40190 Negro FASHION SANDALS FOR WOMEN , WOMEN adidas White Polygon Pack Sneakers Fashion , mens/womens Foamtreads Alana Slippers leading the fashionVagabond MYA - Classic ankle boots , men/women Rieker D0677 Boots Beautiful designmen's/women's Onex Paty Heels Fashion pattern , Pano leather riding boots , black, P-L-D-M-By Palladium , Puma | Puma Basket sneakers in red 35263475Levi's? MALIBU - Trainers - regular black , mens/womens Tommy Hilfiger Lumidee 2 Sneakers & Athletic Tommy Hilfiger Reputation firstadidas Performance X TANGO 18.4 TF - Astro turf trainers , men's/women's Hush Puppies Malia Perf Slide Heels Comfortable and naturalEbarrito Ankle Boot - Women Ebarrito Ankle Boots online on YOOX United Kingdom - 11457259EW , Stele Ankle Boot - Women Stele Ankle Boots online on YOOX United Kingdom - 11454432KOMelissa Ballet Flats - Women Melissa Ballet Flats online on YOOX United Kingdom - 11288962WWRene' Caovilla Sandals - Women Rene' Caovilla Sandals online on YOOX United Kingdom - 11467420SQFausto Puglisi Sneakers - Men Fausto Puglisi Sneakers online on YOOX United Kingdom - 11562653LW9miRz1QK Converse Skate One Star Pro-OxMerrell Accentor The Merrell® Accentor hiking shoe is the ideal choice when you need a lightweight, breathable style that offers excellent grip on uneven terrain.Jimmy Choo Green Mens Vlad Camouflage Nylon Sneakers (115104) Sneakers

Patrizia Pepe Boots - Pepe Women Patrizia Pepe Boots Kingdom online Boots on YOOX United Kingdom - 11545008RK fc6fb3d - tonysbshop.com

Patrizia Pepe Boots - Pepe Women Patrizia Pepe Boots Kingdom online Boots on YOOX United Kingdom - 11545008RK fc6fb3d
Previous Next
All Headlines Back to Top
Shoes 298465
1231181
4709499
6796651
8538751
13822831
14004980
18001222
18176811