Leo 18512 Studio - Design Sandals United - Women Leo Studio Design Sandals online on YOOX United Kingdom - 11560817BJ dc6b55d




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Leo 18512 Studio - Design Sandals United - Women Leo Studio Design Sandals online on YOOX United Kingdom - 11560817BJ dc6b55d - tonysbshop.com

    Leo 18512 Studio - Design Sandals United - Women Leo Studio Design Sandals online on YOOX United Kingdom - 11560817BJ dc6b55d
Leo 18512 Studio - Design Sandals United - Women Leo Studio Design Sandals online on YOOX United Kingdom - 11560817BJ dc6b55d

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.

Leo 18512 Studio - Design Sandals United - Women Leo Studio Design Sandals online on YOOX United Kingdom - 11560817BJ dc6b55d - 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.

Salvatore Ferragamo Ankle Boot - Women Salvatore Ferragamo Ankle Boots online on YOOX United Kingdom - 11551246GF , Converse All Star Sneakers - Women Converse All Star Sneakers online on YOOX United Kingdom - 11559482RCAntonio De Luca Loafers - Women Antonio De Luca Loafers online on YOOX United Kingdom - 11556707UQPoesie Veneziane Ballet Flats - Women Poesie Veneziane Ballet Flats online on YOOX United Kingdom - 11515547CT , Leo Studio Design Sneakers - Women Leo Studio Design Sneakers online on YOOX United Kingdom - 11560768OIDieppa Restrepo Ankle Boot - Women Dieppa Restrepo Ankle Boots online on YOOX United Kingdom - 11553479QN , Metalgienchi Jean Michel Hi - Sneakers - Women Metalgienchi Sneakers online on YOOX United Kingdom - 11540294UJPoesie Veneziane Ankle Boot - Women Poesie Veneziane Ankle Boots online on YOOX United Kingdom - 11549552MU , Anaid Kupuri Ankle Boot - Women Anaid Kupuri Ankle Boots online on YOOX United Kingdom - 11546134DRDel Carlo Ankle Boot - Women Del Carlo Ankle Boots online on YOOX United Kingdom - 11543027CBVic Matiē Ankle Boot - Women Vic Matiē Ankle Boots online on YOOX United Kingdom - 11547626SVLuca Stefani Flip Flops - Women Luca Stefani Flip Flops online on YOOX United Kingdom - 11515409HFWhat For Ankle Boot - Women What For Ankle Boots online on YOOX United Kingdom - 11550384ID , Vic Matiē Ankle Boot - Women Vic Matiē Ankle Boots online on YOOX United Kingdom - 11547646FX , Trussardi Jeans Ankle Boot - Women Trussardi Jeans Ankle Boots online on YOOX United Kingdom - 11545994KU , Emanuélle Vee Ankle Boot - Women Emanuélle Vee Ankle Boots online on YOOX United Kingdom - 11520605BLDaniela Mori Milano Sandals - Women Daniela Mori Milano Sandals online on YOOX United Kingdom - 11523142RT , Flavio Creation Ankle Boot - Women Flavio Creation Ankle Boots online on YOOX United Kingdom - 11544751XG , Stella Luna Ankle Boot - Women Stella Luna Ankle Boots online on YOOX United Kingdom - 11542986HJ , Punto Pigro Ankle Boot - Women Punto Pigro Ankle Boots online on YOOX United Kingdom - 11543394RMIsabel Marant Ankle Boot - Women Isabel Marant Ankle Boots online on YOOX United Kingdom - 11519047PU , Del Carlo Ankle Boot - Women Del Carlo Ankle Boots online on YOOX United Kingdom - 11543047JGEliana Bucci Ankle Boot - Women Eliana Bucci Ankle Boots online on YOOX United Kingdom - 11532290KWMarc Ellis Ankle Boot - Women Marc Ellis Ankle Boots online on YOOX United Kingdom - 11536768PQ , Sara López Ankle Boot - Women Sara López Ankle Boots online on YOOX United Kingdom - 11533700XS , Elena Iachi Ankle Boot - Women Elena Iachi Ankle Boots online on YOOX United Kingdom - 11520942VUMarc Ellis Ankle Boot - Women Marc Ellis Ankle Boots online on YOOX United Kingdom - 11536777IDGai Mattiolo Ankle Boot - Women Gai Mattiolo Ankle Boots online on YOOX United Kingdom - 11535188QV , Marc Ellis Ankle Boot - Women Marc Ellis Ankle Boots online on YOOX United Kingdom - 11539283PX
Giuseppe Zanotti Ankle Boot - Women Giuseppe Zanotti Ankle Boots online on YOOX United Kingdom - 44940248WC , Tosca Blu Shoes Sneakers - Women Tosca Blu Shoes Sneakers online on YOOX United Kingdom - 11571662CO , SHLEP 007673 FASHION BALLERINAS FOR WOMENSee By Chloé Ankle Boot - Women See By Chloé Ankle Boots online on YOOX United Kingdom - 11483442FIPEPE JEANS Pls90273 Kinney 530 Anyl WEDGE-HEEL SANDALS FOR WOMENWOMENS Stuart Weitzman Black Classic Wedges Call firstASOS DESIGN | ASOS MOJITO Leather BroguesWANT Les Essentiels Lydd Gum Sole Sneaker4th & Reckless HEWITT - Classic ankle boots Colour: black , Springa Sneakers - Men Springa Sneakers online on YOOX United Kingdom - 11329354LG , Henderson Sneakers - Men Henderson Sneakers online on YOOX United Kingdom - 11452377UA , Santoni Loafers - Men Santoni Loafers online on YOOX United Kingdom - 11542169OR , men's/women's SKECHERS GOTrail - Adventure Sneakers & Athletic SKECHERS Complete specificationsmen/women New Balance WX811v2 Sneakers & Athletic New Balance Skilled manufacturingColumbia PEAKFREAK VENTURE WP LOW - Hiking shoes - greymen/women Stuart Weitzman Fringetimes Boots Contrary to the same paragraph , Men/Women Cole Haan Great Jones Wingtip Oxfords Explosive good goodsJust Cavalli Loafers - Men Just Cavalli Loafers online on YOOX United Kingdom - 11473670LIRodo Sandals - Women Rodo Sandals online on YOOX United Kingdom - 11454268IILoriblu Court - Women Loriblu Courts online on YOOX United Kingdom - 11296885IISan Crispino Sandals - Women San Crispino Sandals online on YOOX United Kingdom - 11523309AC , Novelty Ankle Boot - Women Novelty Ankle Boots online on YOOX United Kingdom - 11464324QOSergio Rossi Sandals - Women Sergio Rossi Sandals online on YOOX United Kingdom - 11412346NA , adidas Black Men’s Nmd R1 SneakersComfortable touch Via Spiga Milton , List of explosions Superfeet EVERYDAY Comfort , Dingo Veda The Dingo Veda sandal has a fun, fashionable style that will add a little flirty Western edge to your cowgirl look. , Finn Comfort Red Jamaica Alligator Inspired Patent Leather Double Strap Sandals , WOMENS Black Style 30671/65903 Wedges High quality products , women Nike Pink/Multi-color Free 5.0 Sneakers durability

Leo 18512 Studio - Design Sandals United - Women Leo Studio Design Sandals online on YOOX United Kingdom - 11560817BJ dc6b55d - tonysbshop.com

Leo 18512 Studio - Design Sandals United - Women Leo Studio Design Sandals online on YOOX United Kingdom - 11560817BJ dc6b55d
Previous Next
All Headlines Back to Top
Shoes 2306406
3137602
5106617
7286008
9514430
12336908
13574625
16326477
16452230