Ash Sneakers - Women Sneakers Ash Sneakers online on 11150515EW YOOX Sneakers United Kingdom - 11150515EW edeefc3




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Ash Sneakers - Women Sneakers Ash Sneakers online on 11150515EW YOOX Sneakers United Kingdom - 11150515EW edeefc3 - tonysbshop.com

    Ash Sneakers - Women Sneakers Ash Sneakers online on 11150515EW YOOX Sneakers United Kingdom - 11150515EW edeefc3
Ash Sneakers - Women Sneakers Ash Sneakers online on 11150515EW YOOX Sneakers United Kingdom - 11150515EW edeefc3

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.

Ash Sneakers - Women Sneakers Ash Sneakers online on 11150515EW YOOX Sneakers United Kingdom - 11150515EW edeefc3 - 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.

Marian Court - Women Marian Courts online on YOOX United Kingdom - 11332593OX , Hogan Sneakers - Women Hogan Sneakers online on YOOX United Kingdom - 11506935QE , Cafènoir Sneakers - Women Cafènoir Sneakers online on YOOX United Kingdom - 11477906OE , Schutz Sandals - Women Schutz Sandals online on YOOX United Kingdom - 11440049SFSchutz Court - Women Schutz Courts online on YOOX United Kingdom - 11527483IC , Schutz Sandals - Women Schutz Sandals online on YOOX United Kingdom - 11371514GIAsh Sneakers - Women Ash Sneakers online on YOOX United Kingdom - 11476084UUPuma Sneakers - Women Puma Sneakers online on YOOX United Kingdom - 11384813WDCuplé Sneakers - Women Cuplé Sneakers online on YOOX United Kingdom - 11431274VIGioseppo Sneakers - Women Gioseppo Sneakers online on YOOX United Kingdom - 11460684UA , Ras Loafers - Women Ras Loafers online on YOOX United Kingdom - 11319805CCAncarani Court - Women Ancarani Courts online on YOOX United Kingdom - 11517101XUGeox Court - Women Geox Courts online on YOOX United Kingdom - 11496917FF , Geox Sneakers - Women Geox Sneakers online on YOOX United Kingdom - 11409297BM , Ras Sneakers - Women Ras Sneakers online on YOOX United Kingdom - 11453379QUEytys Sneakers - Women Eytys Sneakers online on YOOX United Kingdom - 11437542XQ , Geox Loafers - Women Geox Loafers online on YOOX United Kingdom - 11497075OJ , Fiorangelo Court - Women Fiorangelo Courts online on YOOX United Kingdom - 11510686TC , "Intentionally_______." Loafers - Women "Intentionally_______." Loafers online on YOOX United Kingdom - 11390251RSGuess Sandals - Women Guess Sandals online on YOOX United Kingdom - 11336563CI , Replay Sneakers - Women Replay Sneakers online on YOOX United Kingdom - 11493699HTPrimabase Sneakers - Women Primabase Sneakers online on YOOX United Kingdom - 11451698WCCafènoir Sneakers - Women Cafènoir Sneakers online on YOOX United Kingdom - 11478198TR , Geox Loafers - Women Geox Loafers online on YOOX United Kingdom - 11496946WJ , Venezia Boots - Women Venezia Boots online on YOOX United Kingdom - 11456008LDGeox Sneakers - Women Geox Sneakers online on YOOX United Kingdom - 11356426MFFiorangelo Court - Women Fiorangelo Courts online on YOOX United Kingdom - 11511456JDGeox Sneakers - Women Geox Sneakers online on YOOX United Kingdom - 11110930VRFiorangelo Court - Women Fiorangelo Courts online on YOOX United Kingdom - 11510631AK
Sonia Rykiel Open-Toe Mules - Women Sonia Rykiel Open-Toe Mules online on YOOX United Kingdom - 11452219SR , Lotto Leggenda Sneakers - Women Lotto Leggenda Sneakers online on YOOX United Kingdom - 11403557RS , 5.11 Tactical Skyweight Side Zip Boot , Materia Prima By Goffredo Fantini Ankle Boot - Women Materia Prima By Goffredo Fantini Ankle Boots online on YOOX United Kingdom - 11509476UFOvye' By Cristina Lucchi Sandals - Women Ovye' By Cristina Lucchi Sandals online on YOOX United Kingdom - 11563144QD , New Balance 574 Beach Chambray - Sneakers - Men New Balance Sneakers online on YOOX United Kingdom - 11489463PV , Sgn Giancarlo Paoli Sandals - Women Sgn Giancarlo Paoli Sandals online on YOOX United Kingdom - 11162562LTlady Christian Louboutin Blue Slide Wedges The color is very noticeablewomens adidas Core Black Nmd_r1 Sneakers Clever and practical , MISS Tory Burch 21584560 Wedges Pleasant appearancemens/womens Anne Klein Nilli Heels new , mens/womens another project Trainers Colour: black/white Excellent stretchingmen/women A2 by Aerosoles First Role Boots Quality products , Men/Women Trotters Alice Flats Win the praise of customersButtero® Sneakers - Men Buttero® Sneakers online on YOOX United Kingdom - 11388548AO , Joshua*S Loafers - Men Joshua*S Loafers online on YOOX United Kingdom - 11354796AQDoucal's Loafers - Men Doucal's Loafers online on YOOX United Kingdom - 11391841PR , man/woman PUMA Fierce Rope Pleats Sneakers & Athletic PUMA Easy to useAdidas Puma BREAKER BLOCKED - High-top trainers - elephant skin/blackReebok Classic CLUB C 85 - Trainers - banana/blueEtq Amsterdam Boots - Men Etq Amsterdam Boots online on YOOX United Kingdom - 11558102DKAdidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11468204RXVans Sneakers - Women Vans Sneakers online on YOOX United Kingdom - 11495614JJ , Ash Ankle Boot - Women Ash Ankle Boots online on YOOX United Kingdom - 11554910UE , Stuart Weitzman Sandals - Women Stuart Weitzman Sandals online on YOOX United Kingdom - 11513726CP , Buttero® Ankle Boot - Women Buttero® Ankle Boots online on YOOX United Kingdom - 11553350XO , Tory Burch Loafers - Women Tory Burch Loafers online on YOOX United Kingdom - 11425468HTISYVNmay Kenneth Cole Reaction Design 20015Bogs Workman Heavy duty work on the farm is always a challenge, but the durable construction of the Bogs Workman boot will keep the mud and rain at bay so you can perform at your best , adidas X Yeezy Boost 350 Moon Rock Sneakers ,

Ash Sneakers - Women Sneakers Ash Sneakers online on 11150515EW YOOX Sneakers United Kingdom - 11150515EW edeefc3 - tonysbshop.com

Ash Sneakers - Women Sneakers Ash Sneakers online on 11150515EW YOOX Sneakers United Kingdom - 11150515EW edeefc3
Previous Next
All Headlines Back to Top
Shoes 7153
383026
3346045
7613402
7894673
9477401
15124324
16066507
17952097