Janet & Janet Janet 26989 Sandals - Janet Women Janet & Janet Sandals online on YOOX United Kingdom - 11546884HI 1310ca5




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Janet & Janet Janet 26989 Sandals - Janet Women Janet & Janet Sandals online on YOOX United Kingdom - 11546884HI 1310ca5 - tonysbshop.com

    Janet & Janet Janet 26989 Sandals - Janet Women Janet & Janet Sandals online on YOOX United Kingdom - 11546884HI 1310ca5
Janet & Janet Janet 26989 Sandals - Janet Women Janet & Janet Sandals online on YOOX United Kingdom - 11546884HI 1310ca5

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.

Janet & Janet Janet 26989 Sandals - Janet Women Janet & Janet Sandals online on YOOX United Kingdom - 11546884HI 1310ca5 - 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.

U.S.Polo Assn. Ankle Boot - Women U.S.Polo Assn. Ankle Boots online on YOOX United Kingdom - 11522500FNEddy Daniele Ankle Boot - Women Eddy Daniele Ankle Boots online on YOOX United Kingdom - 11532036RP , Patrizia Bonfanti Ankle Boot - Women Patrizia Bonfanti Ankle Boots online on YOOX United Kingdom - 11532266CTElena Iachi Ankle Boot - Women Elena Iachi Ankle Boots online on YOOX United Kingdom - 11528151BTLiu ?Jo Shoes Court - Women Liu ?Jo Shoes Courts online on YOOX United Kingdom - 11548147RIRoberto Della Croce Boots - Women Roberto Della Croce Boots online on YOOX United Kingdom - 11529539TTLiu ?Jo Ankle Boot - Women Liu ?Jo Ankle Boots online on YOOX United Kingdom - 11529829WV , Chie Mihara Ankle Boot - Women Chie Mihara Ankle Boots online on YOOX United Kingdom - 11530019DWPassion Blanche Ankle Boot - Women Passion Blanche Ankle Boots online on YOOX United Kingdom - 11519909UI , Roberto Del Carlo Boots - Women Roberto Del Carlo Boots online on YOOX United Kingdom - 11530528ULPatrizia Pepe Ankle Boot - Women Patrizia Pepe Ankle Boots online on YOOX United Kingdom - 11517693RF , Anna Baiguera Ballet Flats - Women Anna Baiguera Ballet Flats online on YOOX United Kingdom - 11527150RK , Marc Ellis Ankle Boot - Women Marc Ellis Ankle Boots online on YOOX United Kingdom - 11546056LPLiu ?Jo Ankle Boot - Women Liu ?Jo Ankle Boots online on YOOX United Kingdom - 11532109WFEmporio Armani Ankle Boot - Women Emporio Armani Ankle Boots online on YOOX United Kingdom - 11523461TABibi Lou Ballet Flats - Women Bibi Lou Ballet Flats online on YOOX United Kingdom - 11522443JR , By A. Ankle Boot - Women By A. Ankle Boots online on YOOX United Kingdom - 11517720HWWhat For Ankle Boot - Women What For Ankle Boots online on YOOX United Kingdom - 11518387IE , Fabio Rusconi Ankle Boot - Women Fabio Rusconi Ankle Boots online on YOOX United Kingdom - 11532468FJ , Nero Giardini Ankle Boot - Women Nero Giardini Ankle Boots online on YOOX United Kingdom - 11539409OSFabio Rusconi Ankle Boot - Women Fabio Rusconi Ankle Boots online on YOOX United Kingdom - 11532474EAMiss Sixty Ankle Boot - Women Miss Sixty Ankle Boots online on YOOX United Kingdom - 11525437CA , Sofia Tartufoli Ballet Flats - Women Sofia Tartufoli Ballet Flats online on YOOX United Kingdom - 11539243XAPepe Jeans Ankle Boot - Women Pepe Jeans Ankle Boots online on YOOX United Kingdom - 11525475OV , Manila Grace Ankle Boot - Women Manila Grace Ankle Boots online on YOOX United Kingdom - 11512543RG , Twin-Set Simona Barbieri Sneakers - Women Twin-Set Simona Barbieri Sneakers online on YOOX United Kingdom - 11521197MA , Allan K Ballet Flats - Women Allan K Ballet Flats online on YOOX United Kingdom - 11530367GO , Janet Sport Ankle Boot - Women Janet Sport Ankle Boots online on YOOX United Kingdom - 11526949ASLola Cruz Ankle Boot - Women Lola Cruz Ankle Boots online on YOOX United Kingdom - 11535552DA
Alexandre Birman Open-Toe Mules - Women Alexandre Birman Open-Toe Mules online on YOOX United Kingdom - 11448595UQPhilippe Model Sneakers - Women Philippe Model Sneakers online on YOOX United Kingdom - 11487624EU , Angela George Sneakers - Women Angela George Sneakers online on YOOX United Kingdom - 11533978BDJimmy Choo Brown/Beige Python Excellent Condition Recipt Attached Pumps , LOIS 61138 714 Maquillaje LOW-TOP TRAINERS FOR WOMENSUNSEA 766-6 Marino ZAPATO CONFORT DE MUJER , men/women Pedro Garcia Zissi Sandals Authentic guaranteeMen/Women Aerosoles Pin Down Sandals Popular recommendation , men's/women's Stacy Adams Jemison Oxfords Reliable quality , Adidas Pier One Sandals - mauveDeportivo piel trainers , white/pink, Victoria , Palladium Pampa Hi Knit LP SueTed Baker | Ted Baker Guri brogues in tan leather , Paradox London Pink NIRVANA - Sandals Colour: silver metalicman/woman ASH Joke Sneakers & Athletic ASH BrandDsquared2 Sneakers - Women Dsquared2 Sneakers online on YOOX United Kingdom - 11301491MQDoucal's Sneakers - Men Doucal's Sneakers online on YOOX United Kingdom - 11369734CFValleverde Loafers - Women Valleverde Loafers online on YOOX United Kingdom - 11081083KK , Skechers Sneakers - Women Skechers Sneakers online on YOOX United Kingdom - 11554827WG , Strategia Ankle Boot - Women Strategia Ankle Boots online on YOOX United Kingdom - 11239496SBHannibal Laguna Court - Women Hannibal Laguna Courts online on YOOX United Kingdom - 11541794IK , Raphaella Booz Court - Women Raphaella Booz Courts online on YOOX United Kingdom - 11518854WPBruno Premi Boots - Women Bruno Premi Boots online on YOOX United Kingdom - 11571626SU7D12j205 Pull&Bear | Pull&Bear Classic Loafer , Export Levi's® Shoes Winham UL , bKyWJJbJ lady Nike White/Black Sneakers Nice , Dior Beige & Black White Patent Leather Pointed Toe Ankle Wrap Sandals , Golden Goose Deluxe Brand Superstar Linen-silver Glitter Star Sneakers , woman Sam Edelman White Connor Sneakers Year-end saleswoman Vince Grey Rayner Sneakers Sneakers Flagship store

Janet & Janet Janet 26989 Sandals - Janet Women Janet & Janet Sandals online on YOOX United Kingdom - 11546884HI 1310ca5 - tonysbshop.com

Janet & Janet Janet 26989 Sandals - Janet Women Janet & Janet Sandals online on YOOX United Kingdom - 11546884HI 1310ca5
Previous Next
All Headlines Back to Top
Shoes 5606458
6741010
9429494
10230876
13124753
15788894
16455268
16741698
17018070