Dirk Bikkembergs Sneakers 11565173FW YOOX - United Men Dirk Bikkembergs Sneakers online on YOOX United Kingdom - 11565173FW ce55a80




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Dirk Bikkembergs Sneakers 11565173FW YOOX - United Men Dirk Bikkembergs Sneakers online on YOOX United Kingdom - 11565173FW ce55a80 - tonysbshop.com

    Dirk Bikkembergs Sneakers 11565173FW YOOX - United Men Dirk Bikkembergs Sneakers online on YOOX United Kingdom - 11565173FW ce55a80
Dirk Bikkembergs Sneakers 11565173FW YOOX - United Men Dirk Bikkembergs Sneakers online on YOOX United Kingdom - 11565173FW ce55a80

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.

Dirk Bikkembergs Sneakers 11565173FW YOOX - United Men Dirk Bikkembergs Sneakers online on YOOX United Kingdom - 11565173FW ce55a80 - 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.

Dirk Bikkembergs Sneakers - Men Dirk Bikkembergs Sneakers online on YOOX United Kingdom - 11565160VE , Philippe Model Sneakers - Men Philippe Model Sneakers online on YOOX United Kingdom - 11571809ME , Pantofola D'oro Sneakers - Men Pantofola D'oro Sneakers online on YOOX United Kingdom - 11569867JW , Cinzia Araia Sneakers - Men Cinzia Araia Sneakers online on YOOX United Kingdom - 11573069PW , Philippe Model Sneakers - Men Philippe Model Sneakers online on YOOX United Kingdom - 11564979TDAdidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11564055RG , Pantofola D'oro Sneakers - Men Pantofola D'oro Sneakers online on YOOX United Kingdom - 11569596FD , Pantofola D'oro Sneakers - Men Pantofola D'oro Sneakers online on YOOX United Kingdom - 11582137ESAdidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11468187NWAdidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11561725HA , Adidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11563433SJ , Royal Republiq Boots - Men Royal Republiq Boots online on YOOX United Kingdom - 11573984MFMaison Margiela Sneakers - Men Maison Margiela Sneakers online on YOOX United Kingdom - 11564319JG , Versus Versace Sneakers - Men Versus Versace Sneakers online on YOOX United Kingdom - 11562956DMPantofola D'oro Sneakers - Men Pantofola D'oro Sneakers online on YOOX United Kingdom - 11338803AF , Ruco Line Sneakers - Men Ruco Line Sneakers online on YOOX United Kingdom - 11559577LSAdidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11560739TE , Philippe Model Sneakers - Men Philippe Model Sneakers online on YOOX United Kingdom - 11571672JW , Philippe Model Sneakers - Men Philippe Model Sneakers online on YOOX United Kingdom - 11565127CN , Philippe Model Sneakers - Men Philippe Model Sneakers online on YOOX United Kingdom - 11571791TL , La Siesta Espadrilles - Men La Siesta Espadrilles online on YOOX United Kingdom - 11574775HRAdidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11560736UXPhilippe Model Sneakers - Men Philippe Model Sneakers online on YOOX United Kingdom - 11568656BJAdidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11560758GJ , Pantofola D'oro Sneakers - Men Pantofola D'oro Sneakers online on YOOX United Kingdom - 11569713XH , New Balance Sneakers - Men New Balance Sneakers online on YOOX United Kingdom - 11571648EUCinzia Araia Sneakers - Men Cinzia Araia Sneakers online on YOOX United Kingdom - 11572184HXPhilippe Model Sneakers - Men Philippe Model Sneakers online on YOOX United Kingdom - 11565307XA , New Balance Sneakers - Men New Balance Sneakers online on YOOX United Kingdom - 11292614OV ,
womens Converse Brown 149384c Sneakers First class in his classAthletic Propulsion Labs Apl Techloom Pro Sneakers , men/women Stuart Weitzman Nearlynude Heels Reliable performanceLloyd AGON - Trainers - schwarz , New Look MIPEY - Trainers Colour: white , O'Neill BARNEY - High-top trainers Colour: oliveBarker TUNSTALL - Smart slip-ons , SKECHERS Relaxed Fit?: Elent - MosenAdidas Vince Camuto AVIRAN - Sandals - ruby red , mens/womens Nine West Darren Boots for you to choose , mens/womens Stuart Weitzman Urbanite Boots Extreme speed logistics , Men/Women Durango Crush Accessory Bootie Boots Reasonable priceValleverde Sneakers - Men Valleverde Sneakers online on YOOX United Kingdom - 11549004LMEleventy Loafers - Men Eleventy Loafers online on YOOX United Kingdom - 11567513CQ , Lanvin Sneakers - Men Lanvin Sneakers online on YOOX United Kingdom - 11514850SI , Santoni Sneakers - Men Santoni Sneakers online on YOOX United Kingdom - 11478915DEAdidas ecco SOFT TRED - Winter boots - navajo brown/moon rock , Adidas le coq sportif OMEGA - Trainers - dusty coral/old silver , Geox Court - Women Geox Courts online on YOOX United Kingdom - 11409523VGZinda Sandals - Women Zinda Sandals online on YOOX United Kingdom - 11569132EIJeffrey Campbell Sandals - Women Jeffrey Campbell Sandals online on YOOX United Kingdom - 11340458OSsHAxt4YI woman Bluegreen Wedges Large selection , High security SeaVees Monterey Sneaker RaffiaCheaper than the price Think! Julia - 83342 , Prada Black Patent Peep Toe Heels 36) 479727 SandalsWOMEN Valentino Gold Flower-embellished Slingback Wedges in short supplywomens Jeffrey Campbell Tan Plural Platforms Good worldwide reputation , WOMENS Prada Silver 3y5720 Sandals Popular tide shoesWomen's Nike Mens Lunar New Sneakers Cheap , woman Prada Gold T-strap Sandals Year-end sales ,

Dirk Bikkembergs Sneakers 11565173FW YOOX - United Men Dirk Bikkembergs Sneakers online on YOOX United Kingdom - 11565173FW ce55a80 - tonysbshop.com

Dirk Bikkembergs Sneakers 11565173FW YOOX - United Men Dirk Bikkembergs Sneakers online on YOOX United Kingdom - 11565173FW ce55a80
Previous Next
All Headlines Back to Top
Shoes 569575
757648
4326265
8581374
9501289
9715981
11134441
11604606
16173485