Pierre online Darré Sneakers brisbanech-26945 on - Men Pierre Darré Sneakers online on YOOX United Kingdom - 11536358IW f8b0a0c




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Pierre online Darré Sneakers brisbanech-26945 on - Men Pierre Darré Sneakers online on YOOX United Kingdom - 11536358IW f8b0a0c - tonysbshop.com

    Pierre online Darré Sneakers brisbanech-26945 on - Men Pierre Darré Sneakers online on YOOX United Kingdom - 11536358IW f8b0a0c
Pierre online Darré Sneakers brisbanech-26945 on - Men Pierre Darré Sneakers online on YOOX United Kingdom - 11536358IW f8b0a0c

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.

Pierre online Darré Sneakers brisbanech-26945 on - Men Pierre Darré Sneakers online on YOOX United Kingdom - 11536358IW f8b0a0c - 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.

Alexander Mcqueen Loafers - Men Alexander Mcqueen Loafers online on YOOX United Kingdom - 11500053BK , Jimmy Choo Sneakers - Men Jimmy Choo Sneakers online on YOOX United Kingdom - 11552664QK , Filling Pieces Sneakers - Men Filling Pieces Sneakers online on YOOX United Kingdom - 11536857UJFilling Pieces Sneakers - Men Filling Pieces Sneakers online on YOOX United Kingdom - 11535041NB , Saint Laurent Sneakers - Men Saint Laurent Sneakers online on YOOX United Kingdom - 11538004ILPierre Hardy Sneakers - Men Pierre Hardy Sneakers online on YOOX United Kingdom - 11497408HP , Valentino Garavani Sneakers - Men Valentino Garavani Sneakers online on YOOX United Kingdom - 11500071HKSalvatore Ferragamo Loafers - Men Salvatore Ferragamo Loafers online on YOOX United Kingdom - 11507964MLEmporio Armani Sneakers - Men Emporio Armani Sneakers online on YOOX United Kingdom - 11511431QTTom Ford Loafers - Men Tom Ford Loafers online on YOOX United Kingdom - 11517029XSDior Homme Sneakers - Men Dior Homme Sneakers online on YOOX United Kingdom - 11463209MJ , Bottega Veneta Loafers - Men Bottega Veneta Loafers online on YOOX United Kingdom - 11499832DB , Dior Homme Sneakers - Men Dior Homme Sneakers online on YOOX United Kingdom - 11505711FKFilling Pieces Sneakers - Men Filling Pieces Sneakers online on YOOX United Kingdom - 11496674MN , Saint Laurent Boots - Men Saint Laurent Boots online on YOOX United Kingdom - 11521118AGTom Ford Loafers - Men Tom Ford Loafers online on YOOX United Kingdom - 11496365DBPrada Sport Sneakers - Men Prada Sport Sneakers online on YOOX United Kingdom - 11465027OM , Alexander Mcqueen Loafers - Men Alexander Mcqueen Loafers online on YOOX United Kingdom - 11463771AG , Jimmy Choo Loafers - Men Jimmy Choo Loafers online on YOOX United Kingdom - 11493937DEMaison Margiela Boots - Men Maison Margiela Boots online on YOOX United Kingdom - 11471876HR , Prada Sport Sneakers - Men Prada Sport Sneakers online on YOOX United Kingdom - 11492667GIMaison Margiela Sneakers - Men Maison Margiela Sneakers online on YOOX United Kingdom - 11472304WN , Maison Margiela Sneakers - Men Maison Margiela Sneakers online on YOOX United Kingdom - 11471866DD , Salvatore Ferragamo Sneakers - Men Salvatore Ferragamo Sneakers online on YOOX United Kingdom - 11495705AV , Bottega Veneta Sneakers - Men Bottega Veneta Sneakers online on YOOX United Kingdom - 11486873HSMaison Margiela Sneakers - Men Maison Margiela Sneakers online on YOOX United Kingdom - 11472316XA , Valentino Garavani Loafers - Men Valentino Garavani Loafers online on YOOX United Kingdom - 11464032DXPrada Sport Sneakers - Men Prada Sport Sneakers online on YOOX United Kingdom - 11499344ME , Filling Pieces Sneakers - Men Filling Pieces Sneakers online on YOOX United Kingdom - 11496678EJ ,
See By Chloé Sandals - Women See By Chloé Sandals online on YOOX United Kingdom - 11376741NNO.X.S. Rubber Soul Boots - Women O.X.S. Rubber Soul Boots online on YOOX United Kingdom - 11574046KBSKECHERS Performance Go Run Max Road , Fenty Puma By Rihanna Fenty Trainer Hi - Boots - Women Fenty Puma By Rihanna Boots online on YOOX United Kingdom - 11427878GJ , New Balance 574 Summer Core Plus - Sneakers - Men New Balance Sneakers online on YOOX United Kingdom - 11489493QH , woman Black and Silver Sandals A balance between toughness and hardness , New Balance Minnie Rocks the Dots Fresh Foam CruzC.DOUX 7817 ZAPATO DE FIESTA PARA MUJERCLARKS Wave River ZAPATO PLANO PARA MUJERPrada Ivory Fabric Mary Jane Heels SandalsYork/m leather trainers , powder, Pataugasmen's/women's Rocket Dog Sayonara Sandals Elegant and robust menu , Adidas Geox TAHINA - High-top trainers - blackadidas Originals FOREST GROVE - Trainers - scarlet/whiteman/woman Rockport Ridge Sling Sandals Used in durabilityDocksteps Loafers - Men Docksteps Loafers online on YOOX United Kingdom - 11581584QR , P448 Sneakers - Men P448 Sneakers online on YOOX United Kingdom - 11222606VIDiesel Sneakers - Men Diesel Sneakers online on YOOX United Kingdom - 11491354JH , ASICS SOLUTION SPEED FF CLAY - Outdoor tennis shoes - azure/whitemen/women Mark Nason Grantland Sneakers & Athletic Mark Nason service , Vans Sneakers - Women Vans Sneakers online on YOOX United Kingdom - 11573696MPAlexander Mcqueen Court - Women Alexander Mcqueen Courts online on YOOX United Kingdom - 11284243PCSam Edelman Sandals - Women Sam Edelman Sandals online on YOOX United Kingdom - 11339867QV , JJQAf74c Dr. Martens Hazeldon 3-Tie ShoeGreat choice Dan Post StormySales Italy Patricia Green BarrieKeen Terradora The Keen Terradora hiking shoe will keep you comfortable and steady on your feet all day longNike Black New Lunar Control 4 819034 001 Sneakers , MISS Burberry Champagne Wedge Sandals Good worldwide reputation , WOMENS Stuart Weitzman 28769 Sandals Hot sale

Pierre online Darré Sneakers brisbanech-26945 on - Men Pierre Darré Sneakers online on YOOX United Kingdom - 11536358IW f8b0a0c - tonysbshop.com

Pierre online Darré Sneakers brisbanech-26945 on - Men Pierre Darré Sneakers online on YOOX United Kingdom - 11536358IW f8b0a0c
Previous Next
All Headlines Back to Top
Shoes 639711
769179
1202170
4634024
9400149
9695696
11036779
11264093
11532153