8KMYv07J GIKO WOMEN 55361 FOR SHOES 55361 FOR WOMEN 69a979e




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • 8KMYv07J GIKO WOMEN 55361 FOR SHOES 55361 FOR WOMEN 69a979e - tonysbshop.com

    8KMYv07J GIKO WOMEN 55361 FOR SHOES 55361 FOR WOMEN 69a979e
8KMYv07J GIKO WOMEN 55361 FOR SHOES 55361 FOR WOMEN 69a979e

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.

8KMYv07J GIKO WOMEN 55361 FOR SHOES 55361 FOR WOMEN 69a979e - 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.

VWIqaOpy GIOSEPPO 46562 ZAPATILLA CON PLATAFORMA , zbtcYaER LOLAS S012817712mat SHOES FOR WOMENFkgLene6 LOLAS S012817675mat SHOES FOR WOMEN , boBuT4Ae HISPANITAS Hi75936-hispanitas SHOES FOR WOMEN , qWXPL9cd LOLAS S003634343mat SHOES FOR WOMENAuWirRIy LODI Varane-lodi SHOES FOR WOMENVfeXpWna LOLAS S003603054msj SHOES FOR WOMEN6WQ0C4ib SKECHERS 14468_nvgy SLIP-ON PARA MUJER , beC1Qjsk PLUMERS 4834 SHOES FOR WOMEN , v76CJgpn BRUNATE 40186 SHOES FOR WOMENBHt7aBBa DANSI 7778 SHOES FOR WOMENo8OaBWgC SKECHERS 14170_bkw SLIP-ON PARA MUJERqjmXcQaC BRUNATE 11390 SHOES FOR WOMEN , KLOcfLga SKECHERS 14951_nvy SLIP-ON PARA MUJERo4srNIER XTI 47576 ZAPATILLA CON PLATAFORMA , JQ9YzcZN GIOSEPPO 42025 SHOES FOR WOMENYoz5bu67 SOTOALTO Betho SHOES FOR WOMENyrp0ScSo YOKONO Virtu-020 SHOES FOR WOMENjUc9brpq ASICS Noosat772n-asics TRAINERS FOR WOMEN , g7BJBd3j SKECHERS 12765_bbk TRAINERS FOR WOMEN , AyqTNiBS GIOSEPPO 46074 ZAPATILLA CON PLATAFORMAOrHf35zX XTI 47574 ZAPATILLA CON PLATAFORMA , 8Vc5Ha1I GIOSEPPO 46568 ZAPATILLA CON PLATAFORMAVenCwKU1 MTNG 93570 C13439 Cuero , itYuHsIH SKECHERS 15061_bbk TRAINERS FOR WOMENqlJeKCMv BRUNATE 31610 WEDGES FOR WOMEN0EqAD0GH SKECHERS 12831_bkgy TRAINERS FOR WOMEN , gCFwg3gl BRUNATE 40185 SHOES FOR WOMENaKrr2WcB SOTOALTO Verdi SHOES FOR WOMEN ,
Nike Free Metcon - Sneakers - Men Nike Sneakers online on YOOX United Kingdom - 11481746LL , Donna Più Boots - Women Donna Più Boots online on YOOX United Kingdom - 11529590XACANELA 530 FASHION SANDALS FOR WOMEN , lady Cole Haan Black Tali Wedges King of the quantityConverse White All Star Studded Womens Sneakers Sneakers , lady Jimmy Choo Nude Alana Sandals Stable qualityJimmy Choo Green and Brown Textured Sandals , 4th & Reckless BENTLEY - Ankle boots , EA7 Emporio Armani CULT VINTAGE - Trainers , mens/womens Roper Suzi Boots Practical and economicalNew Look SYMBOLIC - Classic heels , Wallis BLOOM - Espadrilles Colour: navyRAID VIENNA-1 - High heeled ankle boots Colour: black , Vans Sneakers - Men Vans Sneakers online on YOOX United Kingdom - 11574173SSSantoni Loafers - Men Santoni Loafers online on YOOX United Kingdom - 11488708BABelstaff Boots - Men Belstaff Boots online on YOOX United Kingdom - 11503172RA , Clae Sneakers - Men Clae Sneakers online on YOOX United Kingdom - 11479836KGRichmond Loafers - Men Richmond Loafers online on YOOX United Kingdom - 11345413OJ , Maison Margiela Sneakers - Men Maison Margiela Sneakers online on YOOX United Kingdom - 11463795WK , Guess Court - Women Guess Courts online on YOOX United Kingdom - 11434743DFHogan Sandals - Women Hogan Sandals online on YOOX United Kingdom - 11527678EA , Versace Court - Women Versace Courts online on YOOX United Kingdom - 11460612VI , Rick Owens Sneakers - Women Rick Owens Sneakers online on YOOX United Kingdom - 11513140VHDior Ankle Boot - Women Dior Ankle Boots online on YOOX United Kingdom - 11455308TR , Marc Ellis Loafers - Women Marc Ellis Loafers online on YOOX United Kingdom - 11455840VJ , B Sided Espadrilles - Men B Sided Espadrilles online on YOOX United Kingdom - 11367643FP , Prada Black Flip Flops Heels Sandals , RUJGgVTJ Kenneth Cole Reaction Toast DriverStylish and charming See by Chloe SB30091 , Aesthetic appearance Lowa Renegade GTX Lo

8KMYv07J GIKO WOMEN 55361 FOR SHOES 55361 FOR WOMEN 69a979e - tonysbshop.com

  • Copyright © Chosunilbo & Chosun.com
8KMYv07J GIKO WOMEN 55361 FOR SHOES 55361 FOR WOMEN 69a979e
Previous Next
All Headlines Back to Top
Shoes 892592
2095553
3477164
4189618
8600680
11296710
11360749
12147505
16223093