See By Kingdom on Chloé Court Chloé - Women See By Chloé Courts online on YOOX United Kingdom - 11119143GX b5423e1




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • See By Kingdom on Chloé Court Chloé - Women See By Chloé Courts online on YOOX United Kingdom - 11119143GX b5423e1 - tonysbshop.com

    See By Kingdom on Chloé Court Chloé - Women See By Chloé Courts online on YOOX United Kingdom - 11119143GX b5423e1
See By Kingdom on Chloé Court Chloé - Women See By Chloé Courts online on YOOX United Kingdom - 11119143GX b5423e1

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.

See By Kingdom on Chloé Court Chloé - Women See By Chloé Courts online on YOOX United Kingdom - 11119143GX b5423e1 - 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.

People For Happiness Sneakers - Women People For Happiness Sneakers online on YOOX United Kingdom - 11581536PG , Tipe E Tacchi Sandals - Women Tipe E Tacchi Sandals online on YOOX United Kingdom - 11532833NT , Samuele Failli Ankle Boot - Women Samuele Failli Ankle Boots online on YOOX United Kingdom - 11577118GEFausto Puglisi Ballet Flats - Women Fausto Puglisi Ballet Flats online on YOOX United Kingdom - 11565224NJEnzo Di Martino Court - Women Enzo Di Martino Courts online on YOOX United Kingdom - 11578728SDPolly Plume Open-Toe Mules - Women Polly Plume Open-Toe Mules online on YOOX United Kingdom - 11567204HV , Grecian Chick Flip Flops - Women Grecian Chick Flip Flops online on YOOX United Kingdom - 11576926EQL' Autre Chose Court - Women L' Autre Chose Courts online on YOOX United Kingdom - 11577247CK , Stuart Weitzman Ankle Boot - Women Stuart Weitzman Ankle Boots online on YOOX United Kingdom - 11568617HE , L' Autre Chose Court - Women L' Autre Chose Courts online on YOOX United Kingdom - 11579562QRLa Femme Plus Sandals - Women La Femme Plus Sandals online on YOOX United Kingdom - 11553077SQ , Anaid Kupuri Ankle Boot - Women Anaid Kupuri Ankle Boots online on YOOX United Kingdom - 11552540BH , Anaid Kupuri Ankle Boot - Women Anaid Kupuri Ankle Boots online on YOOX United Kingdom - 11552635XG , Tory Burch Flip Flops - Women Tory Burch Flip Flops online on YOOX United Kingdom - 11563828VLEnzo Di Martino Court - Women Enzo Di Martino Courts online on YOOX United Kingdom - 11579837CS87 Vic Matiē Loafers - Women 87 Vic Matiē Loafers online on YOOX United Kingdom - 11554032RRM Missoni Ankle Boot - Women M Missoni Ankle Boots online on YOOX United Kingdom - 11569034NA , Sergio Rossi Ankle Boot - Women Sergio Rossi Ankle Boots online on YOOX United Kingdom - 11526019NQ , I.N.K. Shoes Ankle Boot - Women I.N.K. Shoes Ankle Boots online on YOOX United Kingdom - 11548560OWEmanuélle Vee Ankle Boot - Women Emanuélle Vee Ankle Boots online on YOOX United Kingdom - 11548270NEAnaid Kupuri Ankle Boot - Women Anaid Kupuri Ankle Boots online on YOOX United Kingdom - 11546126PB , El Campero Ankle Boot - Women El Campero Ankle Boots online on YOOX United Kingdom - 11546051LPAnaid Kupuri Ankle Boot - Women Anaid Kupuri Ankle Boots online on YOOX United Kingdom - 11546141MG , Just Another Copy Sneakers - Women Just Another Copy Sneakers online on YOOX United Kingdom - 11511071PK , Poesie Veneziane Ankle Boot - Women Poesie Veneziane Ankle Boots online on YOOX United Kingdom - 11516583MBHolly Queen Ankle Boot - Women Holly Queen Ankle Boots online on YOOX United Kingdom - 11552739FA , Liu ?Jo Shoes Court - Women Liu ?Jo Shoes Courts online on YOOX United Kingdom - 11549577CL , Janet & Janet Sandals - Women Janet & Janet Sandals online on YOOX United Kingdom - 11546881EW , Lola Cruz Ankle Boot - Women Lola Cruz Ankle Boots online on YOOX United Kingdom - 11547707QR ,
Jeffrey Campbell Ankle Boot - Women Jeffrey Campbell Ankle Boots online on YOOX United Kingdom - 11467282OW , Tila March Ankle Boot - Women Tila March Ankle Boots online on YOOX United Kingdom - 11456154MB , John Galliano Ankle Boot - Women John Galliano Ankle Boots online on YOOX United Kingdom - 11343599MA , ALBANO 2348 FASHION SANDALS FOR WOMENWomen's Tahari Beige Sandal Wedges Big clearance sale , swedish hasbeens Red Cross Strap Debutant Sandalswoman Impo Orange/Multi Color Gleam Wedges durabilitymens/womens Nine West Kassy Boots Perfect processing , men's/women's Not Rated Leafy Heels flagship store , men's/women's Donald J Pliner Ibby Heels comfortableSar leather ankle boots , brown, Bunkermens/womens Jil Sander JS30012 Oxfords Guarantee quality and quantity , Tod's Loafers - Men Tod's Loafers online on YOOX United Kingdom - 11563756EO , Dsquared2 Sneakers - Men Dsquared2 Sneakers online on YOOX United Kingdom - 11411485OW , Leather ankle boots with elastic detail , black, La Redoute Collections , Hogan Rebel Sneakers - Men Hogan Rebel Sneakers online on YOOX United Kingdom - 11038490EOBorgo Mediceo Loafers - Men Borgo Mediceo Loafers online on YOOX United Kingdom - 11500882EDSebastian Court - Women Sebastian Courts online on YOOX United Kingdom - 11517679LRBueno Boots - Women Bueno Boots online on YOOX United Kingdom - 11455042BT , Bikkembergs Boots - Women Bikkembergs Boots online on YOOX United Kingdom - 11451072UJ , Keys Sneakers - Women Keys Sneakers online on YOOX United Kingdom - 11554594GJDansko Loafers - Women Dansko Loafers online on YOOX United Kingdom - 11547395KT , Tory Burch Espadrilles - Women Tory Burch Espadrilles online on YOOX United Kingdom - 11158766KP , N° 21 Sandals - Women N° 21 Sandals online on YOOX United Kingdom - 11240489GB , quality Hunter Original Insulated Pac , In short supply Keen Sienna MJ Canvas , retail price Kenneth Cole Reaction Wind-Y , Quality and consumer first Saucony Spitfire 4 , Tory Burch Blue Nile- Creta Stripe Thandie Wedge Flip Flop Sandalswoman IRO Black Elasticated Two-piece Sandals Fast delivery

See By Kingdom on Chloé Court Chloé - Women See By Chloé Courts online on YOOX United Kingdom - 11119143GX b5423e1 - tonysbshop.com

See By Kingdom on Chloé Court Chloé - Women See By Chloé Courts online on YOOX United Kingdom - 11119143GX b5423e1
Previous Next
All Headlines Back to Top
Shoes 982235
3952582
6324836
6770256
8369018
11388259
12417409
15441680
15669030