Chiara Ferragni Court - Women 11552377OH YOOX Chiara Ferragni Kingdom Courts online on YOOX United Kingdom - 11552377OH f910675




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Chiara Ferragni Court - Women 11552377OH YOOX Chiara Ferragni Kingdom Courts online on YOOX United Kingdom - 11552377OH f910675 - tonysbshop.com

    Chiara Ferragni Court - Women 11552377OH YOOX Chiara Ferragni Kingdom Courts online on YOOX United Kingdom - 11552377OH f910675
Chiara Ferragni Court - Women 11552377OH YOOX Chiara Ferragni Kingdom Courts online on YOOX United Kingdom - 11552377OH f910675

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.

Chiara Ferragni Court - Women 11552377OH YOOX Chiara Ferragni Kingdom Courts online on YOOX United Kingdom - 11552377OH f910675 - 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.

Tory Burch Sandals - Women Tory Burch Sandals online on YOOX United Kingdom - 11577705KJ , Tosca Blu Boots - Women Tosca Blu Boots online on YOOX United Kingdom - 11518908DKPremiata Open-Toe Mules - Women Premiata Open-Toe Mules online on YOOX United Kingdom - 11576795PM , Anna F. Sandals - Women Anna F. Sandals online on YOOX United Kingdom - 11576809LWAlexander Mcqueen Sneakers - Women Alexander Mcqueen Sneakers online on YOOX United Kingdom - 11536279SL , Tory Burch Court - Women Tory Burch Courts online on YOOX United Kingdom - 11577732DRHundred 100 Loafers - Women Hundred 100 Loafers online on YOOX United Kingdom - 11525730BQ , Lola Cruz Sandals - Women Lola Cruz Sandals online on YOOX United Kingdom - 11579627CIHundred 100 Sandals - Women Hundred 100 Sandals online on YOOX United Kingdom - 11525718NKStrategia Ankle Boot - Women Strategia Ankle Boots online on YOOX United Kingdom - 11517356JPDorateymur Ankle Boot - Women Dorateymur Ankle Boots online on YOOX United Kingdom - 11536570RTLena Milos Boots - Women Lena Milos Boots online on YOOX United Kingdom - 11521401OQPennyblack Ankle Boot - Women Pennyblack Ankle Boots online on YOOX United Kingdom - 11528748QB , Patrizia Pepe Sneakers - Women Patrizia Pepe Sneakers online on YOOX United Kingdom - 11432126OF , Green George Boots - Women Green George Boots online on YOOX United Kingdom - 11520673HNPepe Jeans Boots - Women Pepe Jeans Boots online on YOOX United Kingdom - 11533920AJ , What For Sneakers - Women What For Sneakers online on YOOX United Kingdom - 11526115UBSax Ankle Boot - Women Sax Ankle Boots online on YOOX United Kingdom - 11528115TQ , Tintoretto Ankle Boot - Women Tintoretto Ankle Boots online on YOOX United Kingdom - 11519186OH , Bibi Lou Sandals - Women Bibi Lou Sandals online on YOOX United Kingdom - 11577814FV , Panetulipani Ankle Boot - Women Panetulipani Ankle Boots online on YOOX United Kingdom - 11530691TBLemaré Ankle Boot - Women Lemaré Ankle Boots online on YOOX United Kingdom - 11547954HWCasadei Ankle Boot - Women Casadei Ankle Boots online on YOOX United Kingdom - 11531057PAGanni Ankle Boot - Women Ganni Ankle Boots online on YOOX United Kingdom - 11532521OKTod's Ankle Boot - Women Tod's Ankle Boots online on YOOX United Kingdom - 11526580BX , Tod's Ankle Boot - Women Tod's Ankle Boots online on YOOX United Kingdom - 11526638NXChocolà Ankle Boot - Women Chocolà Ankle Boots online on YOOX United Kingdom - 11529796EU , Lemaré Ankle Boot - Women Lemaré Ankle Boots online on YOOX United Kingdom - 11529447HE , Lena Milos Boots - Women Lena Milos Boots online on YOOX United Kingdom - 11529322IS
Paloma Barceló Ankle Boot - Women Paloma Barceló Ankle Boots online on YOOX United Kingdom - 11215049XU , Manila Grace Sneakers - Women Manila Grace Sneakers online on YOOX United Kingdom - 11501191NSED Ellen DeGeneres Langston 2 Flat24HORAS 23642 WEDGE-HEEL SANDALS FOR WOMEN , Sam Edelman Brown Reana By Sandals , ELENA HERNANDEZ Fantei FASHION ANKLE BOOTS FOR WOMENWOMENS Tory Burch Gold Amalie Sandals Low priceVero Moda VMDAISY - Classic heels , man/woman ALDO Valecia Heels the most economical , Fornarina VIC - High heels Colour: redman/woman VOLATILE Stevie Boots Direct businessEssential high heeled leather ankle boots , black, Tommy HilfigerAdidas Pretty Ballerinas ANGELIS - Ballet pumps - taupeNike Sportswear GRANDSTAND II - Trainers - black/white/neutral greyConverse PRO - Trainers - ghost gray/black/turtledoveAdidas Sneakers - Men Adidas Sneakers online on YOOX United Kingdom - 11432888GU , Valleverde Sneakers - Men Valleverde Sneakers online on YOOX United Kingdom - 11549047QX , Reebok Sneakers - Men Reebok Sneakers online on YOOX United Kingdom - 11522745NCDoucal's Loafers - Men Doucal's Loafers online on YOOX United Kingdom - 11516678VDPuma FUTURE 2.4 TT - Astro turf trainers - col shiftColour: col shift-green/white/black , Adidas Kennel + Schmenger JADE - Classic ankle boots - hazelmens/womens Nike Golf FI Premiere Sneakers & Athletic Nike Golf luxurious , Sexy Woman Court - Women Sexy Woman Courts online on YOOX United Kingdom - 11470303SN , Manuel Barceló Sandals - Women Manuel Barceló Sandals online on YOOX United Kingdom - 11331978JOLaura Biagiotti Sneakers - Women Laura Biagiotti Sneakers online on YOOX United Kingdom - 11506144VM , Christian Louboutin Multicolor Louis Spikes High-top Women Sneakers Euro 38 / SneakersGivenchy Black 39 8 "Bambi Female Form" Skate Sneakers Calfskin SneakersWomen's Giuseppe Zanotti Brown Formal Shoes High quality and economylady Prada Brown Mui Mui Platforms to buyWomen's Christian Louboutin Black Zipper Platforms Comfort

Chiara Ferragni Court - Women 11552377OH YOOX Chiara Ferragni Kingdom Courts online on YOOX United Kingdom - 11552377OH f910675 - tonysbshop.com

Chiara Ferragni Court - Women 11552377OH YOOX Chiara Ferragni Kingdom Courts online on YOOX United Kingdom - 11552377OH f910675
Previous Next
All Headlines Back to Top
Shoes 1731004
3605074
4288857
5187148
7373554
12789424
13499981
16260520
18854461