Loretta Pettinari Boots - Women Loretta Boots Pettinari Boots - online - on YOOX United Kingdom - 11473642WC 92d019b




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Loretta Pettinari Boots - Women Loretta Boots Pettinari Boots - online - on YOOX United Kingdom - 11473642WC 92d019b - tonysbshop.com

    Loretta Pettinari Boots - Women Loretta Boots Pettinari Boots - online - on YOOX United Kingdom - 11473642WC 92d019b
Loretta Pettinari Boots - Women Loretta Boots Pettinari Boots - online - on YOOX United Kingdom - 11473642WC 92d019b

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.

Loretta Pettinari Boots - Women Loretta Boots Pettinari Boots - online - on YOOX United Kingdom - 11473642WC 92d019b - 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.

Buttero® Ankle Boot - Women Buttero® Ankle Boots online on YOOX United Kingdom - 11513992HQ , Pinko Ankle Boot - Women Pinko Ankle Boots online on YOOX United Kingdom - 11503471NM , Kallistè Ankle Boot - Women Kallistè Ankle Boots online on YOOX United Kingdom - 11539253UKBruschi Ankle Boot - Women Bruschi Ankle Boots online on YOOX United Kingdom - 11487267HV , Cavallini Ankle Boot - Women Cavallini Ankle Boots online on YOOX United Kingdom - 11483759NMRoberto Festa Loafers - Women Roberto Festa Loafers online on YOOX United Kingdom - 11282784MN , Kudetà Ankle Boot - Women Kudetà Ankle Boots online on YOOX United Kingdom - 11539771RR , Vic Ankle Boot - Women Vic Ankle Boots online on YOOX United Kingdom - 11296040IUSartori Gold Loafers - Women Sartori Gold Loafers online on YOOX United Kingdom - 11472532MR , Alberto Gozzi Boots - Women Alberto Gozzi Boots online on YOOX United Kingdom - 11471891PABruschi Ankle Boot - Women Bruschi Ankle Boots online on YOOX United Kingdom - 11486103QO , My Heels Boots - Women My Heels Boots online on YOOX United Kingdom - 11491608DB , Alberto Venturini Boots - Women Alberto Venturini Boots online on YOOX United Kingdom - 11468086IDJoshua*S Ankle Boot - Women Joshua*S Ankle Boots online on YOOX United Kingdom - 11508327LT , Fragiacomo Ankle Boot - Women Fragiacomo Ankle Boots online on YOOX United Kingdom - 11519551BE , Pinko Ankle Boot - Women Pinko Ankle Boots online on YOOX United Kingdom - 11471273NFDaniele Ancarani Court - Women Daniele Ancarani Courts online on YOOX United Kingdom - 11520449MIMaria Cristina Boots - Women Maria Cristina Boots online on YOOX United Kingdom - 11523560DX , Buttero® Ankle Boot - Women Buttero® Ankle Boots online on YOOX United Kingdom - 11191481RCInuikii Ankle Boot - Women Inuikii Ankle Boots online on YOOX United Kingdom - 11471140EE , Alberta Ferretti Sandals - Women Alberta Ferretti Sandals online on YOOX United Kingdom - 11528011SJJérôme Dreyfuss Boots - Women Jérôme Dreyfuss Boots online on YOOX United Kingdom - 11444675BA , Cavallini Ankle Boot - Women Cavallini Ankle Boots online on YOOX United Kingdom - 11483128IIDamy Ankle Boot - Women Damy Ankle Boots online on YOOX United Kingdom - 11452924PETod's Ankle Boot - Women Tod's Ankle Boots online on YOOX United Kingdom - 11527651JM , Fiorangelo Ankle Boot - Women Fiorangelo Ankle Boots online on YOOX United Kingdom - 11510606PU , Giuseppe Zanotti Boots - Women Giuseppe Zanotti Boots online on YOOX United Kingdom - 11445928BBTibi Ankle Boot - Women Tibi Ankle Boots online on YOOX United Kingdom - 11477717GE , Rodolphe Menudier Boots - Women Rodolphe Menudier Boots online on YOOX United Kingdom - 11512720AQ
Love Moschino Ballet Flats - Women Love Moschino Ballet Flats online on YOOX United Kingdom - 11450983GV , Giuseppe Zanotti Ankle Boot - Women Giuseppe Zanotti Ankle Boots online on YOOX United Kingdom - 11318012FARja1LF1I man/woman LifeStride Camille Sandals value , Coliac Martina Grasselli Ankle Boot - Women Coliac Martina Grasselli Ankle Boots online on YOOX United Kingdom - 11558622EM , men's/women's Adidas Adilette Comfort Slides Schuhe fineman/woman Kenneth Cole Reaction Design 20655 Boots Acknowledgement feedback , Men/Women Hush Puppies Poised Rhea Boots Selected materials , men's/women's Cole Haan Maddie Wedge Heels Most practical , Kurt Geiger STING - Cowboy/Biker boots Colour: black , 2Star Sneakers - Men 2Star Sneakers online on YOOX United Kingdom - 11331059QQBuscemi Sneakers - Men Buscemi Sneakers online on YOOX United Kingdom - 11126287QGPollini Loafers - Men Pollini Loafers online on YOOX United Kingdom - 11331839EL , men's/women's Mark Nason Boomtown Sneakers & Athletic Mark Nason International choiceBaldinini Trend Sneakers - Men Baldinini Trend Sneakers online on YOOX United Kingdom - 11538889MW , Voile Blanche Sneakers - Men Voile Blanche Sneakers online on YOOX United Kingdom - 11499678JGAntica Cuoieria Sneakers - Men Antica Cuoieria Sneakers online on YOOX United Kingdom - 11556966SHNike Sneakers - Women Nike Sneakers online on YOOX United Kingdom - 11256286PN , Stiù Sandals - Women Stiù Sandals online on YOOX United Kingdom - 11564842CI , Nero Giardini Sandals - Women Nero Giardini Sandals online on YOOX United Kingdom - 11549294LW , Chie Mihara Court - Women Chie Mihara Courts online on YOOX United Kingdom - 11522613OUGiuseppe Zanotti Sneakers - Women Giuseppe Zanotti Sneakers online on YOOX United Kingdom - 11515575HP , Pedro García Sandals - Women Pedro García Sandals online on YOOX United Kingdom - 11560101DF , Divine Follie Sandals - Women Divine Follie Sandals online on YOOX United Kingdom - 11562837QU , db7iypyF WOMEN Light Blue/Multi Sandals bestsell , Elegant appearance adidas Originals Campus 2Wholesale trade Nike Run Swift Turbo , Alegria Vienna The versatile Vienna kicks your season off with a great start! , Maison Margiela Multicolor and Blue #13623 Color Spilled Sneaker Sneakers , lady Miu Miu Silver Na Sneakers Sufficient supply , woman Robert Clergerie Black Caroube Sandals quality products

Loretta Pettinari Boots - Women Loretta Boots Pettinari Boots - online - on YOOX United Kingdom - 11473642WC 92d019b - tonysbshop.com

Loretta Pettinari Boots - Women Loretta Boots Pettinari Boots - online - on YOOX United Kingdom - 11473642WC 92d019b
Previous Next
All Headlines Back to Top
Shoes 650093
1478202
5385689
7809352
9447654
13796714
14288811
16880949
17372720