Alberto Gozzi Ankle Boot - - 11435097SV Women 22816 Alberto Gozzi Ankle Boots online on YOOX United Kingdom - 11435097SV 93a2527




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Alberto Gozzi Ankle Boot - - 11435097SV Women 22816 Alberto Gozzi Ankle Boots online on YOOX United Kingdom - 11435097SV 93a2527 - tonysbshop.com

    Alberto Gozzi Ankle Boot - - 11435097SV Women 22816 Alberto Gozzi Ankle Boots online on YOOX United Kingdom - 11435097SV 93a2527
Alberto Gozzi Ankle Boot - - 11435097SV Women 22816 Alberto Gozzi Ankle Boots online on YOOX United Kingdom - 11435097SV 93a2527

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.

Alberto Gozzi Ankle Boot - - 11435097SV Women 22816 Alberto Gozzi Ankle Boots online on YOOX United Kingdom - 11435097SV 93a2527 - 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.

Bruno Magli Flip Flops - Women Bruno Magli Flip Flops online on YOOX United Kingdom - 11097740BUCreation Of Minds Sandals - Women Creation Of Minds Sandals online on YOOX United Kingdom - 11457930GXElisabetta Franchi Ballet Flats - Women Elisabetta Franchi Ballet Flats online on YOOX United Kingdom - 11405483ABScee By Twin-Set Sandals - Women Scee By Twin-Set Sandals online on YOOX United Kingdom - 11369235PHCesare Paciotti 4Us Sandals - Women Cesare Paciotti 4Us Sandals online on YOOX United Kingdom - 11509687UF , By A. Ballet Flats - Women By A. Ballet Flats online on YOOX United Kingdom - 11484343BL , Sergio Rossi Ballet Flats - Women Sergio Rossi Ballet Flats online on YOOX United Kingdom - 11088099TBIslo Isabella Lorusso Sneakers - Women Islo Isabella Lorusso Sneakers online on YOOX United Kingdom - 11485989QC , Sergio Rossi Ballet Flats - Women Sergio Rossi Ballet Flats online on YOOX United Kingdom - 11088250MW , Hogan Rebel Ankle Boot - Women Hogan Rebel Ankle Boots online on YOOX United Kingdom - 11133405HV , Roberto Della Croce Sneakers - Women Roberto Della Croce Sneakers online on YOOX United Kingdom - 11457911XNIslo Isabella Lorusso Sneakers - Women Islo Isabella Lorusso Sneakers online on YOOX United Kingdom - 11485857DXRoberto Della Croce Sneakers - Women Roberto Della Croce Sneakers online on YOOX United Kingdom - 11455988NH , Juli Pascal Paris Sneakers - Women Juli Pascal Paris Sneakers online on YOOX United Kingdom - 11455510TLIslo Isabella Lorusso Sneakers - Women Islo Isabella Lorusso Sneakers online on YOOX United Kingdom - 11486190RW , Nila & Nila Court - Women Nila & Nila Courts online on YOOX United Kingdom - 11474919RJRêve D'un Jour Sandals - Women Rêve D'un Jour Sandals online on YOOX United Kingdom - 11343288BBTwin-Set Simona Barbieri Court - Women Twin-Set Simona Barbieri Courts online on YOOX United Kingdom - 11244398LVColiac Martina Grasselli Sneakers - Women Coliac Martina Grasselli Sneakers online on YOOX United Kingdom - 11426167MVCapri Bijoux Flip Flops - Women Capri Bijoux Flip Flops online on YOOX United Kingdom - 11476148XJ , Bibi Lou Flip Flops - Women Bibi Lou Flip Flops online on YOOX United Kingdom - 11116967EG , Twin-Set Simona Barbieri Espadrilles - Women Twin-Set Simona Barbieri Espadrilles online on YOOX United Kingdom - 11400167IVPas De Rouge Court - Women Pas De Rouge Courts online on YOOX United Kingdom - 11000862RQNila & Nila Court - Women Nila & Nila Courts online on YOOX United Kingdom - 11476748SKTwin-Set Simona Barbieri Sandals - Women Twin-Set Simona Barbieri Sandals online on YOOX United Kingdom - 11454133OW , Islo Isabella Lorusso Court - Women Islo Isabella Lorusso Courts online on YOOX United Kingdom - 11471198VVPour La Victoire Sandals - Women Pour La Victoire Sandals online on YOOX United Kingdom - 11479799JBL' Autre Chose Court - Women L' Autre Chose Courts online on YOOX United Kingdom - 11200414OCMax & Co. Sandals - Women Max & Co. Sandals online on YOOX United Kingdom - 11489552WO ,
Pons Quintana Ankle Boot - Women Pons Quintana Ankle Boots online on YOOX United Kingdom - 11503008FB , F.Lli Bruglia Court - Women F.Lli Bruglia Courts online on YOOX United Kingdom - 11517789NLNike Bright Orange/Pink Downshifter 5 Sneakers , woman Burberry Bone Sandals Different styles , Creation Of Minds Ankle Boot - Women Creation Of Minds Ankle Boots online on YOOX United Kingdom - 11457962IENike Air Footscape Woven - Sneakers - Men Nike Sneakers online on YOOX United Kingdom - 11341826TM , CLARKS Medora Grace BOTíN PLANO DE MUJERMen/Women SKECHERS Rumblers-Cats Eye Heels Fast deliveryBirkenstock ARIZONA - Mules - portTOM TAILOR DENIM Espadrilles Colour: light blue , men/women David Tate Carson Loafers realman/woman Michael Antonio Morris Boots Online , mens/womens Patricia Green Clair Boots auction , Dr. Scholl's Granted - Original CollectionNine West Fierceness Slide Block HeelMen/Women Bernardo Nakita Flats Ideal gift for all occasions , Men/Women Easy Spirit Arysta Loafers New products in 2073River Island Wide Fit High heels Colour: blackDoucal's Sandals - Men Doucal's Sandals online on YOOX United Kingdom - 11391965EG , Adidas Pretty Ballerinas Ballet pumps - rioja tela wine tangoElena Iachi Sneakers - Men Elena Iachi Sneakers online on YOOX United Kingdom - 11570432VG , Mellow Yellow Loafers - Women Mellow Yellow Loafers online on YOOX United Kingdom - 11584244CTGiuseppe Zanotti Sandals - Women Giuseppe Zanotti Sandals online on YOOX United Kingdom - 11446022SJBruno Magli Sandals - Women Bruno Magli Sandals online on YOOX United Kingdom - 11333124DQ , Sophia Webster Sandals - Women Sophia Webster Sandals online on YOOX United Kingdom - 11416465IP , Prada Black Suede Slingback Wedge Sandals , High-quality materials Nike Flex Control IIwoman Alexander McQueen Sneaker Sneakers Strong heat and wear resistance , Jeremy Scott Gold Adidas Js Wings 3.0 SneakersMISS Hermès Black 00000 Sneakers Excellent craft

Alberto Gozzi Ankle Boot - - 11435097SV Women 22816 Alberto Gozzi Ankle Boots online on YOOX United Kingdom - 11435097SV 93a2527 - tonysbshop.com

Alberto Gozzi Ankle Boot - - 11435097SV Women 22816 Alberto Gozzi Ankle Boots online on YOOX United Kingdom - 11435097SV 93a2527
Previous Next
All Headlines Back to Top
Shoes 1967385
2916672
4299624
7434905
7499035
13401899
13761272
15468047
18704058