Tod's Ankle Boot 11299560RW - Women Tod's Tod's Ankle Boots online Ankle on YOOX United Kingdom - 11299560RW c0992ed




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Tod's Ankle Boot 11299560RW - Women Tod's Tod's Ankle Boots online Ankle on YOOX United Kingdom - 11299560RW c0992ed - tonysbshop.com

    Tod's Ankle Boot 11299560RW - Women Tod's Tod's Ankle Boots online Ankle on YOOX United Kingdom - 11299560RW c0992ed
Tod's Ankle Boot 11299560RW - Women Tod's Tod's Ankle Boots online Ankle on YOOX United Kingdom - 11299560RW c0992ed

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.

Tod's Ankle Boot 11299560RW - Women Tod's Tod's Ankle Boots online Ankle on YOOX United Kingdom - 11299560RW c0992ed - 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.

Cross Walk Sandals - Women Cross Walk Sandals online on YOOX United Kingdom - 11333434EGAndrea Catini Sandals - Women Andrea Catini Sandals online on YOOX United Kingdom - 11445006TU , Alberto Guardiani Sandals - Women Alberto Guardiani Sandals online on YOOX United Kingdom - 11254963CNGianni Marra Sandals - Women Gianni Marra Sandals online on YOOX United Kingdom - 11399390OP , Jeffrey Campbell Sandals - Women Jeffrey Campbell Sandals online on YOOX United Kingdom - 11340552IF , Pons Quintana Espadrilles - Women Pons Quintana Espadrilles online on YOOX United Kingdom - 11433697NQ , Swedish Hasbeens Sandals - Women Swedish Hasbeens Sandals online on YOOX United Kingdom - 11458224HJSteve Madden Sandals - Women Steve Madden Sandals online on YOOX United Kingdom - 11355004IILe Stelle Sandals - Women Le Stelle Sandals online on YOOX United Kingdom - 11333183GPFauzian Jeunesse Court - Women Fauzian Jeunesse Courts online on YOOX United Kingdom - 11395577JI , Janet Sport Sneakers - Women Janet Sport Sneakers online on YOOX United Kingdom - 11297225MA , Steve Madden Sandals - Women Steve Madden Sandals online on YOOX United Kingdom - 11355022DOPaolo Simonini Sandals - Women Paolo Simonini Sandals online on YOOX United Kingdom - 11376013WR , Get It Loafers - Women Get It Loafers online on YOOX United Kingdom - 11437424OL , Hogan Rebel Sneakers - Women Hogan Rebel Sneakers online on YOOX United Kingdom - 11175101LDSerafini Luxury Sneakers - Women Serafini Luxury Sneakers online on YOOX United Kingdom - 11377632PUBibi Lou Sandals - Women Bibi Lou Sandals online on YOOX United Kingdom - 11347110NMGianni Marra Sandals - Women Gianni Marra Sandals online on YOOX United Kingdom - 11430377JQ , Sam Edelman Sandals - Women Sam Edelman Sandals online on YOOX United Kingdom - 11340142QP , Vagabond Shoemakers Court - Women Vagabond Shoemakers Courts online on YOOX United Kingdom - 11479452VMBibi Lou Court - Women Bibi Lou Courts online on YOOX United Kingdom - 11346373HH , John Galliano Loafers - Women John Galliano Loafers online on YOOX United Kingdom - 11343577MLZinda Flip Flops - Women Zinda Flip Flops online on YOOX United Kingdom - 11459845FO , Gastone Lucioli Sandals - Women Gastone Lucioli Sandals online on YOOX United Kingdom - 11315663PS , Gianni Marra Sandals - Women Gianni Marra Sandals online on YOOX United Kingdom - 11399265KL , Hugo Rosettin Sandals - Women Hugo Rosettin Sandals online on YOOX United Kingdom - 11362126GOLaure Chamorel Court - Women Laure Chamorel Courts online on YOOX United Kingdom - 11256301HTDivine Follie Court - Women Divine Follie Courts online on YOOX United Kingdom - 11223955QP , Gianni Marra Court - Women Gianni Marra Courts online on YOOX United Kingdom - 11430359AH
Cinzia Araia Ankle Boot - Women Cinzia Araia Ankle Boots online on YOOX United Kingdom - 11493816ACL' Autre Chose Sandals - Women L' Autre Chose Sandals online on YOOX United Kingdom - 11356614UTV Italia Sandals - Women V Italia Sandals online on YOOX United Kingdom - 11173094EN , Pura López Court - Women Pura López Courts online on YOOX United Kingdom - 11490305JN , Weejuns® By G.H. Bass & Co Loafers - Women Weejuns® By G.H. Bass & Co Loafers online on YOOX United Kingdom - 11376801DCMoa Master Of Arts Sneakers - Men Moa Master Of Arts Sneakers online on YOOX United Kingdom - 11333548VAMother Of Pearl Sneakers - Women Mother Of Pearl Sneakers online on YOOX United Kingdom - 11394343JGWOMENS Givenchy White Sneakers Strong heat and heat resistance , Men/Women Maine Woods Winterhawk Boots German OutletsCasadei TRAIN - High heels Colour: nero , Puma | Puma Suede Bow Sneakers In WhiteBally Sandals - Men Bally Sandals online on YOOX United Kingdom - 11567165TXSpringa Sneakers - Men Springa Sneakers online on YOOX United Kingdom - 11457128RPPollini Boots - Men Pollini Boots online on YOOX United Kingdom - 11448533LPRocco P. Loafers - Men Rocco P. Loafers online on YOOX United Kingdom - 11518237QM , New Balance Sneakers - Men New Balance Sneakers online on YOOX United Kingdom - 11503170RCJohn Galliano Sneakers - Men John Galliano Sneakers online on YOOX United Kingdom - 11426348ID , Prada Sport Sneakers - Men Prada Sport Sneakers online on YOOX United Kingdom - 11422608KCman/woman FitFlop Strobe Luxe Toe-Thong Sandals Sandals a good reputation in the worldPantofola D'oro Sneakers - Women Pantofola D'oro Sneakers online on YOOX United Kingdom - 11457114XPAuguste Ankle Boot - Women Auguste Ankle Boots online on YOOX United Kingdom - 11508458FD , Fiorentini+Baker Ankle Boot - Women Fiorentini+Baker Ankle Boots online on YOOX United Kingdom - 11125323MCNew Balance Sneakers - Women New Balance Sneakers online on YOOX United Kingdom - 11567767NO , N° 21 Sneakers - Women N° 21 Sneakers online on YOOX United Kingdom - 11445505PPDansko White/Blue Women's White/Blue Leather Sneakerslady Marni Grey Samsj45g12 Platforms luxurySkilled manufacturing Clarks Un Rosa HiHigh-quality materials Nike Flex Control IIWOMEN Burberry Plaid Black Tan Wedges We have received praise from our customers. , womens Tory Burch Blac Leighanne- Sandals Many varieties

Tod's Ankle Boot 11299560RW - Women Tod's Tod's Ankle Boots online Ankle on YOOX United Kingdom - 11299560RW c0992ed - tonysbshop.com

Tod's Ankle Boot 11299560RW - Women Tod's Tod's Ankle Boots online Ankle on YOOX United Kingdom - 11299560RW c0992ed
Previous Next
All Headlines Back to Top
Shoes 841208
2596293
4017790
4117676
8010886
8233929
14347986
18403389
19012746