Wally - Walker on Sneakers United - Men Wally Walker Sneakers online on YOOX United Kingdom - 11405932OJ 6b8eecd




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Wally - Walker on Sneakers United - Men Wally Walker Sneakers online on YOOX United Kingdom - 11405932OJ 6b8eecd - tonysbshop.com

    Wally - Walker on Sneakers United - Men Wally Walker Sneakers online on YOOX United Kingdom - 11405932OJ 6b8eecd
Wally - Walker on Sneakers United - Men Wally Walker Sneakers online on YOOX United Kingdom - 11405932OJ 6b8eecd

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.

Wally - Walker on Sneakers United - Men Wally Walker Sneakers online on YOOX United Kingdom - 11405932OJ 6b8eecd - 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.

Le Qarant Sneakers - Men Le Qarant Sneakers online on YOOX United Kingdom - 11531767MA , Antonio Marras Sneakers - Men Antonio Marras Sneakers online on YOOX United Kingdom - 11487889CT , Crime London Sneakers - Men Crime London Sneakers online on YOOX United Kingdom - 11465507GTAdidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11426915BO , Sergio Rossi Boots - Men Sergio Rossi Boots online on YOOX United Kingdom - 11475200DX , Sergio Rossi Sandals - Men Sergio Rossi Sandals online on YOOX United Kingdom - 11412485PCPantofola D'oro Sneakers - Men Pantofola D'oro Sneakers online on YOOX United Kingdom - 11456404OO , Versace Collection Loafers - Men Versace Collection Loafers online on YOOX United Kingdom - 11463345RD , Gianfranco Lattanzi Sneakers - Men Gianfranco Lattanzi Sneakers online on YOOX United Kingdom - 11453933CJ , Louis Leeman Sneakers - Men Louis Leeman Sneakers online on YOOX United Kingdom - 11418162ON , Daniele Alessandrini Loafers - Men Daniele Alessandrini Loafers online on YOOX United Kingdom - 11400968WGAdidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11437329KWSartori Gold Sneakers - Men Sartori Gold Sneakers online on YOOX United Kingdom - 11373595SH , Mcq Puma Sneakers - Men Mcq Puma Sneakers online on YOOX United Kingdom - 11433599KLNew Balance Sneakers - Men New Balance Sneakers online on YOOX United Kingdom - 11359824DMDirk Bikkembergs Sneakers - Men Dirk Bikkembergs Sneakers online on YOOX United Kingdom - 11332602FU , Pantofola D'oro Sneakers - Men Pantofola D'oro Sneakers online on YOOX United Kingdom - 11338465NVPlein Sport Sneakers - Men Plein Sport Sneakers online on YOOX United Kingdom - 11507530RHFabiano Ricci Sneakers - Men Fabiano Ricci Sneakers online on YOOX United Kingdom - 11508852MDOpening Ceremony Sneakers - Men Opening Ceremony Sneakers online on YOOX United Kingdom - 11441590RCAdidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11335313GGAdidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11354511FQ , Adidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11335331IH , Elena Iachi Sneakers - Men Elena Iachi Sneakers online on YOOX United Kingdom - 11570328NMAdidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11335314VXDiadora Heritage Sneakers - Men Diadora Heritage Sneakers online on YOOX United Kingdom - 11343781QPRoberto Cavalli Sneakers - Men Roberto Cavalli Sneakers online on YOOX United Kingdom - 11577137PKMercer Amsterdam Boots - Men Mercer Amsterdam Boots online on YOOX United Kingdom - 11559027IUTriver Flight Boots - Men Triver Flight Boots online on YOOX United Kingdom - 11557025DO ,
Ancient Greek Sandals Sandals - Women Ancient Greek Sandals Sandals online on YOOX United Kingdom - 11132537DU , 5hLF2fQV men/women Ariat Lisa Sandals Trendy , Janet & Janet Ankle Boot - Women Janet & Janet Ankle Boots online on YOOX United Kingdom - 11537637MR , WOMENS Jeffrey Campbell Snakeskin White Wedges Nice appearance , LADY Casadei Blac Laser Cut Platforms Pleasant feelingANGEL INFANTES 16058 CASUAL SHOES FOR MANwomens Rachel Comey Beige Ivory Sandals Repair , WOMEN Guess Tan Unknown Sandals Moderate costs , Men/Women Seychelles Ad Lib Boots Order welcomeman/woman Vaneli Astyr Heels a variety of , men's/women's LifeStride Krissy Heels Breathable shoes , mens/womens Danner Mountain Light Boots discount , Adidas Men's Alphabounce Beyond Pride Shoes , Feud London PORTO - TrainersCole Haan Zerogrand Crisscross Sandal (Bds)adidas Originals HANDBALL SPEZIAL - Trainers - rawamber/footwear white , Saucony PEREGRINE 8 - Trail running shoes Colour: blue/black/viziredman/woman Frye Ray Grommet Tall Boots Quality queenTommy Hilfiger CORPORATE RIBBON FLAT - Sandals , Tsd12 Sneakers - Men Tsd12 Sneakers online on YOOX United Kingdom - 11567492NP , Allison Sandals - Women Allison Sandals online on YOOX United Kingdom - 11314758ES , Lerre Ankle Boot - Women Lerre Ankle Boots online on YOOX United Kingdom - 11518564FC , Refresh Ballet Flats - Women Refresh Ballet Flats online on YOOX United Kingdom - 11502484VFValentino Garavani Sneakers - Women Valentino Garavani Sneakers online on YOOX United Kingdom - 11573088SXGeox Ballet Flats - Women Geox Ballet Flats online on YOOX United Kingdom - 11499002UHTory Burch Black Melinda 45 SandalsModern mode Calvin Klein Miguel , Valentino Brown Rockstud Bead City T Strap Block Heel Sandal 38 Pumps , ladies Rodolphe Menudier Black Net Pumps First group of customersMISS Madeline Stuart Bronze Wedges Bestsellers worldwide ,

Wally - Walker on Sneakers United - Men Wally Walker Sneakers online on YOOX United Kingdom - 11405932OJ 6b8eecd - tonysbshop.com

Wally - Walker on Sneakers United - Men Wally Walker Sneakers online on YOOX United Kingdom - 11405932OJ 6b8eecd
Previous Next
All Headlines Back to Top
Shoes 4222877
9009895
10722795
11640590
14862916
17331900
17770817
18397007
19046589