Migliore Loafers - Men 11484520OT Migliore Men Loafers online on brisbanech-26983 YOOX United Kingdom - 11484520OT ae5f33e




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Migliore Loafers - Men 11484520OT Migliore Men Loafers online on brisbanech-26983 YOOX United Kingdom - 11484520OT ae5f33e - tonysbshop.com

    Migliore Loafers - Men 11484520OT Migliore Men Loafers online on brisbanech-26983 YOOX United Kingdom - 11484520OT ae5f33e
Migliore Loafers - Men 11484520OT Migliore Men Loafers online on brisbanech-26983 YOOX United Kingdom - 11484520OT ae5f33e

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.

Migliore Loafers - Men 11484520OT Migliore Men Loafers online on brisbanech-26983 YOOX United Kingdom - 11484520OT ae5f33e - 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.

O.X.S. Sneakers - Men O.X.S. Sneakers online on YOOX United Kingdom - 11518143GJDondup Sneakers - Men Dondup Sneakers online on YOOX United Kingdom - 11525212NH , Adidas Sneakers - Men Adidas Sneakers online on YOOX United Kingdom - 11135399QC , Arfango Loafers - Men Arfango Loafers online on YOOX United Kingdom - 11524981TILo.White Loafers - Men Lo.White Loafers online on YOOX United Kingdom - 11530348LO , Ishikawa Sneakers - Men Ishikawa Sneakers online on YOOX United Kingdom - 11520345DBLo.White Loafers - Men Lo.White Loafers online on YOOX United Kingdom - 11530321SLCarshoe Sneakers - Men Carshoe Sneakers online on YOOX United Kingdom - 11053251WM , Joshua*S Sneakers - Men Joshua*S Sneakers online on YOOX United Kingdom - 11521273JTUnonovecinque Sneakers - Men Unonovecinque Sneakers online on YOOX United Kingdom - 11519733FTKebo Loafers - Men Kebo Loafers online on YOOX United Kingdom - 11131999ML , Fabi Loafers - Men Fabi Loafers online on YOOX United Kingdom - 11531893UF , Joshua*S Sneakers - Men Joshua*S Sneakers online on YOOX United Kingdom - 11514445VD , Lidfort Loafers - Men Lidfort Loafers online on YOOX United Kingdom - 11526966DI , Henderson Loafers - Men Henderson Loafers online on YOOX United Kingdom - 11452353GAUnonovecinque Sneakers - Men Unonovecinque Sneakers online on YOOX United Kingdom - 11489803IH , Docksteps Loafers - Men Docksteps Loafers online on YOOX United Kingdom - 11477825WG , Henderson Loafers - Men Henderson Loafers online on YOOX United Kingdom - 11452345ERHenderson Loafers - Men Henderson Loafers online on YOOX United Kingdom - 11452348XB , Clae Sneakers - Men Clae Sneakers online on YOOX United Kingdom - 11518742MSP448 Sneakers - Men P448 Sneakers online on YOOX United Kingdom - 11339026QGArfango Loafers - Men Arfango Loafers online on YOOX United Kingdom - 11476334VP , Stokton Sneakers - Men Stokton Sneakers online on YOOX United Kingdom - 11359827KS , Rep★Ko Sneakers - Men Rep★Ko Sneakers online on YOOX United Kingdom - 11519331JGBikkembergs Sneakers - Men Bikkembergs Sneakers online on YOOX United Kingdom - 11417826BJArfango Loafers - Men Arfango Loafers online on YOOX United Kingdom - 11525067BHMoma Loafers - Men Moma Loafers online on YOOX United Kingdom - 11509229MFHenderson Sneakers - Men Henderson Sneakers online on YOOX United Kingdom - 11452359MJFiorangelo Boots - Men Fiorangelo Boots online on YOOX United Kingdom - 11448304XT
See By Chloé Sandals - Women See By Chloé Sandals online on YOOX United Kingdom - 11424415NK , Carmens Ankle Boot - Women Carmens Ankle Boots online on YOOX United Kingdom - 11481622VJ , Christian Louboutin Multi-color Bip Bip Laser Florals Tan Croc Print Leather Hi Top Sneakers SneakersNew Balance 420 Printed Upper - Sneakers - Women New Balance Sneakers online on YOOX United Kingdom - 11089256ARLoretta By Loretta Ankle Boot - Women Loretta By Loretta Ankle Boots online on YOOX United Kingdom - 11506532RHTwin-Set Simona Barbieri Sandals - Women Twin-Set Simona Barbieri Sandals online on YOOX United Kingdom - 11274541BCTwin-Set Simona Barbieri Sandals - Women Twin-Set Simona Barbieri Sandals online on YOOX United Kingdom - 11388034BR , PANAMA JACK Estrella B5 WEDGE-HEEL SANDALS FOR WOMENwomen Charlotte Olympia Multicolor Heels Sandals Latest technology , womens Tory Burch White Lowell Sandals quality QueenJeffery-West Three Punk Western Buckle's Monk ShoeWOMENS Saint Laurent Stunning Platforms Aesthetic appearance , LADY New Balance M990nc4 Sneakers Low price , mens/womens French Connection Lilyana Heels General productMen/Women Anne Klein Fanetta Flats Various goods , Adidas mint&berry Ballet pumps - redmen/women EuroSoft Mekelle Heels Excellent performancePapillio CARMEN - Slippers Colour: offwhitemen's/women's Ivanka Trump Tropica Flats King of the crowd , Santoni Loafers - Men Santoni Loafers online on YOOX United Kingdom - 11478521OT , Hogan Boots - Men Hogan Boots online on YOOX United Kingdom - 11559679TWGianfranco Lattanzi Sneakers - Men Gianfranco Lattanzi Sneakers online on YOOX United Kingdom - 11453942KOFrankie Morello Sneakers - Men Frankie Morello Sneakers online on YOOX United Kingdom - 11447680BWTod's Sandals - Women Tod's Sandals online on YOOX United Kingdom - 11175326PBPVRVP1cH Circus by Sam Edelman LyndseyThe latest technology Merrell Encore Kassie MocEasy to use Ted Baker LuocilAuthentic guarantee Dr. Martens EmmelineRecommended today Emerica Figgy Dose , MISS Nike Olive Green Sneakers Online export business

Migliore Loafers - Men 11484520OT Migliore Men Loafers online on brisbanech-26983 YOOX United Kingdom - 11484520OT ae5f33e - tonysbshop.com

Migliore Loafers - Men 11484520OT Migliore Men Loafers online on brisbanech-26983 YOOX United Kingdom - 11484520OT ae5f33e
Previous Next
All Headlines Back to Top
Shoes 945716
1592531
2890135
4919879
6469813
10099482
13975101
14450684
16717608