Philippe Model brisbanech-26993 Ballet Flats - Women Philippe 11433940OW Model Model Ballet Flats online on YOOX United Kingdom - 11433940OW e58cff1




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Philippe Model brisbanech-26993 Ballet Flats - Women Philippe 11433940OW Model Model Ballet Flats online on YOOX United Kingdom - 11433940OW e58cff1 - tonysbshop.com

    Philippe Model brisbanech-26993 Ballet Flats - Women Philippe 11433940OW Model Model Ballet Flats online on YOOX United Kingdom - 11433940OW e58cff1
Philippe Model brisbanech-26993 Ballet Flats - Women Philippe 11433940OW Model Model Ballet Flats online on YOOX United Kingdom - 11433940OW e58cff1

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.

Philippe Model brisbanech-26993 Ballet Flats - Women Philippe 11433940OW Model Model Ballet Flats online on YOOX United Kingdom - 11433940OW e58cff1 - 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.

Marina Grey Ankle Boot - Women Marina Grey Ankle Boots online on YOOX United Kingdom - 11374018JUVic Matiē Ankle Boot - Women Vic Matiē Ankle Boots online on YOOX United Kingdom - 11274769FT , Atp Atelier Ankle Boot - Women Atp Atelier Ankle Boots online on YOOX United Kingdom - 11496308CJ , Angela Chiara Venezia Sandals - Women Angela Chiara Venezia Sandals online on YOOX United Kingdom - 11473388GILiu ?Jo Shoes Espadrilles - Women Liu ?Jo Shoes Espadrilles online on YOOX United Kingdom - 11353803GHL' Autre Chose Sneakers - Women L' Autre Chose Sneakers online on YOOX United Kingdom - 44999790IELe Capricciose® Flip Flops - Women Le Capricciose® Flip Flops online on YOOX United Kingdom - 11454224IL , Tosca Blu Shoes Sneakers - Women Tosca Blu Shoes Sneakers online on YOOX United Kingdom - 11455274GUNila & Nila Sandals - Women Nila & Nila Sandals online on YOOX United Kingdom - 11351530JT , Philipp Plein Ballet Flats - Women Philipp Plein Ballet Flats online on YOOX United Kingdom - 11454464JXTua By Braccialini Sneakers - Women Tua By Braccialini Sneakers online on YOOX United Kingdom - 11485297INTosca Blu Shoes Sneakers - Women Tosca Blu Shoes Sneakers online on YOOX United Kingdom - 11491080RMIris & Ink Sneakers - Women Iris & Ink Sneakers online on YOOX United Kingdom - 11434885QSBibi Lou Ankle Boot - Women Bibi Lou Ankle Boots online on YOOX United Kingdom - 11264091KKAgile By Rucoline Sneakers - Women Agile By Rucoline Sneakers online on YOOX United Kingdom - 11496083WV , Tipe E Tacchi Sandals - Women Tipe E Tacchi Sandals online on YOOX United Kingdom - 11147976BE , ( Verba ) Sneakers - Women ( Verba ) Sneakers online on YOOX United Kingdom - 11426427VFSgn Giancarlo Paoli Sandals - Women Sgn Giancarlo Paoli Sandals online on YOOX United Kingdom - 11473517UURodolphe Menudier Ballet Flats - Women Rodolphe Menudier Ballet Flats online on YOOX United Kingdom - 11091129MOSgn Giancarlo Paoli Loafers - Women Sgn Giancarlo Paoli Loafers online on YOOX United Kingdom - 11506410NMMarc Ellis Ankle Boot - Women Marc Ellis Ankle Boots online on YOOX United Kingdom - 11472729BLNina New York Sandals - Women Nina New York Sandals online on YOOX United Kingdom - 11483968VM , Liu ?Jo Shoes Court - Women Liu ?Jo Shoes Courts online on YOOX United Kingdom - 11245216WR , Fabrizio Chini Ankle Boot - Women Fabrizio Chini Ankle Boots online on YOOX United Kingdom - 11329620CS , Islo Isabella Lorusso Loafers - Women Islo Isabella Lorusso Loafers online on YOOX United Kingdom - 11415169KJ , Agile By Rucoline Sneakers - Women Agile By Rucoline Sneakers online on YOOX United Kingdom - 11496165DGAgile By Rucoline Sneakers - Women Agile By Rucoline Sneakers online on YOOX United Kingdom - 11496156HJWalter De Silva Court - Women Walter De Silva Courts online on YOOX United Kingdom - 11483842QALe Stelle Ankle Boot - Women Le Stelle Ankle Boots online on YOOX United Kingdom - 11450846DA ,
Luisa Galdi Open-Toe Mules - Women Luisa Galdi Open-Toe Mules online on YOOX United Kingdom - 11553028JF , Amalfi Black & Silver Leather Sandals , Q8zOd422 Flip flops , brown, CrocsKAPPA 303znk0 Palavela 923 White LOW-TOP TRAINERS FOR WOMENBOBS from SKECHERS Bobs Squad - Total HMTNG 50023 C30859 Nude WEDGE-HEEL SANDALS FOR WOMEN , woman Birkenstock Hot Pink Thong Sandals Stable quality , women Vince Camuto Thanta Platforms Big sale , men/women Nine West Quasso Heels Caramel, gentleAdidas Refresh Wedge boots - blackRockport Cobb Hill Collection Cobb Hill Aria , Kenneth Cole New York Sand Sandalman/woman G.H. Bass & Co. Reagan Heels Good marketmen's/women's Chinese Laundry Penny Sandal Sandals Win highly appreciated , man/woman Circus by Sam Edelman Haines Heels Good marketmens/womens Vivienne Westwood Serpent Sandal Heels Skilled manufacturingmen's/women's rag & bone Amber Loafers New product , Tubular defiant w trainers , black, Adidas Originals , KENDALL + KYLIE JETT - High heeled ankle boots Colour: black , Men/Women Sperry Pier View Slub Sneakers & Athletic Sperry Trendy , Domenico Festa Loafers - Men Domenico Festa Loafers online on YOOX United Kingdom - 11528102IG , Ruco Line Sneakers - Women Ruco Line Sneakers online on YOOX United Kingdom - 11543943QDCasadei Ankle Boot - Women Casadei Ankle Boots online on YOOX United Kingdom - 11563027SFTeva Brown Man's Vintage Leather SandalsFirst quality Gabor Gabor 95.341Reliable quality English Laundry Darby , Christian Louboutin Silver/Multi Bip Bip Orlato Sequin Flat High Top SneakersPrada Brown 3 Tone Satin/Patent Leather Tassel Slide Heel Kitten Sandals , Jimmy Choo Chartreuse Yellow Pale Patent Leather Platform Slide Sandals , Donald J. Pliner Platino Golden Woven Metallic Verona Sandals ,

Philippe Model brisbanech-26993 Ballet Flats - Women Philippe 11433940OW Model Model Ballet Flats online on YOOX United Kingdom - 11433940OW e58cff1 - tonysbshop.com

Philippe Model brisbanech-26993 Ballet Flats - Women Philippe 11433940OW Model Model Ballet Flats online on YOOX United Kingdom - 11433940OW e58cff1
Previous Next
All Headlines Back to Top
Shoes 1391468
2721958
2779218
3376940
5291348
8948080
10191162
14806133
19014568