Adidas Adidas KIOMI High brisbanech-26181 heels 26182 - black 0aade7a

China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Adidas Adidas KIOMI High brisbanech-26181 heels 26182 - black 0aade7a -

    Adidas Adidas KIOMI High brisbanech-26181 heels 26182 - black 0aade7a
Adidas Adidas KIOMI High brisbanech-26181 heels 26182 - black 0aade7a

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 Adidas KIOMI High brisbanech-26181 heels 26182 - black 0aade7a -
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 Jonak Mules - luxor black , Adidas another project Mules - blackAdidas Lazamani T-bar sandals - black , Adidas Marc O'Polo Mules - silver , Adidas Vidorreta Platform sandals - beige , Adidas Tamaris T-bar sandals - goldAdidas Lazamani T-bar sandals - turquoise , Adidas Zign Platform sandals - black , Adidas Schutz Heeled mules - black , Adidas Gioseppo Platform sandals - blackAdidas Marc O'Polo Mules - apricotAdidas Bianco Platform heels - cream , Adidas élysèss Platform sandals - whiteAdidas Bronx Trainers - pale goldAdidas Schutz High heels - bellini , Adidas Schutz Mules - toasted nut/platina , Adidas Gabor Platform sandals - schwarzAdidas Bruno Premi Sandals - bianco , Adidas CAFèNOIR T-bar sandals - platino , Adidas Gabor Classic heels - stoneAdidas H?gl Ballet pumps - nudeAdidas Buffalo Platform sandals - brownAdidas Vidorreta Wedge sandals - black , Adidas Pier One Sandals - redAdidas H?gl Classic heels - nude , Adidas PERLATO Heeled mules - blanc , Adidas Pons Quintana Mules - forli/blanco/plato , Adidas Tamaris High-top trainers - silver , Adidas Buffalo Platform sandals - silver
Dolce & Gabbana Court - Women Dolce & Gabbana Courts online on YOOX United Kingdom - 11262977TKAnna F. Sandals - Women Anna F. Sandals online on YOOX United Kingdom - 11408703RUWODEN G84207 FASHION BOOTS FOR WOMENLADY Burberry Black Ivory Wedges quality , lady White Weight Sneakers Pleasant appearance , Nike Black Pink Air Max Hot Neon Women Yeezy Yeezus Balmain Adidas Puma Jordan Kobe Lebron SneakersSuperga 745 RBRU WELLIES MarineSaucony Dxn Triner "Bermuda Pack" Lmt Ed. - Sneakers - Men Saucony Sneakers online on YOOX United Kingdom - 11019484KO , Agl Attilio Giusti Leombruni Loafers - Women Agl Attilio Giusti Leombruni Loafers online on YOOX United Kingdom - 11470107AH , Christian Louboutin Multi Color Pik Boat Flat Tissu Loubi Jungle SneakersTory Burch Floral Hanover Slip On Sneaker Women Nordstrom Exclusive SneakersCLARKS Un Haywood SANDALIA PLANA DE MUJERlady Manolo Blahnik Silver Heals Pumps Easy , mens/womens Munro Cerise II Loafers Reputation firstMarni Sneakers - Men Marni Sneakers online on YOOX United Kingdom - 11300541VX , Allison Sandals - Women Allison Sandals online on YOOX United Kingdom - 11458000AG , Magrit Court - Women Magrit Courts online on YOOX United Kingdom - 11502410GTGivenchy Court - Women Givenchy Courts online on YOOX United Kingdom - 11503215GXCrime London Sneakers - Women Crime London Sneakers online on YOOX United Kingdom - 11362057LRBibi Lou Loafers - Women Bibi Lou Loafers online on YOOX United Kingdom - 11455183ABPeppe Sirena Sandals - Women Peppe Sirena Sandals online on YOOX United Kingdom - 11325445MM , Civic Duty Sneakers - Men Civic Duty Sneakers online on YOOX United Kingdom - 11230971RDQuality queen Sol Sana Scarlett Slide , Beautiful design Woolrich Whitecap Boot , reasonable price Steve Madden Emile , adidas GSG-9.2 The next time you need to gather some precious intel, do it quietly and discretely in a pair of these stealthy GSG-9.2 tactical boots from adidas! The same protective footwear worn by SWAT teams and Germany's infamous GSG9 special for , Air Jordan Black White Red 14 Men's Phly Legend Premier High Top Sneakers Sneakers , Asics Teal and White with Silver Stripes Women's Hyper-rocketgirl Xc Track Field SneakersLadies Aquatalia Black Neve Wedge Sandals Cheaper than the price , women Hermès White Ilana Espadrilles Wedges Good design ,

Adidas Adidas KIOMI High brisbanech-26181 heels 26182 - black 0aade7a -

  • Copyright © Chosunilbo &
Adidas Adidas KIOMI High brisbanech-26181 heels 26182 - black 0aade7a
Previous Next
All Headlines Back to Top
Shoes 7064706