Style Very & Co Black M Very Good & Condition Black Sandals b9884c5



China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Style Very & Co Black M Very Good & Condition Black Sandals b9884c5 -

    Style Very & Co Black M Very Good & Condition Black Sandals b9884c5
    Style Very & Co Black M Very Good & Condition Black Sandals b9884c5

    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.

    Style Very & Co Black M Very Good & Condition Black Sandals b9884c5 -
    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.

    Hermès Tan Kelly Tri-color Palissandre Leather Ovation Lock Sandals , Vera Wang White Simply Style Name:svelly Sku: 400987277677 Sandals , Tory Burch Spark Gold Monroe Thong Mirror Metallic SandalsSalvatore Ferragamo Pink Anemone Leather Graciela Clogs 9m SandalsRED Valentino Blue Canvas Strap Star Charm Slide SandalsPrada Silver Leather with Strap Closure At Rear Sandals , Fendi Multi-color 40.5 Leopard Print Satin Platform Slide Sandals , Tory Burch Black Trudy 55mm Pumps Patent Leather Sandals , RED Valentino Black Canvas Strap Star Charm Slide Sandals , J.Crew Brown Gold Metalic Suede Flatform 5m E7659 Sandals , RED Valentino Pink Canvas Strap Star Charm Slide Sandals , See by Chloé White Black Silver Brown Robin Sandals , Prada Black Pink Logo Patent Thong Flip Flop Sandals , Jimmy Choo Black Myriad 65 Jeweled Elastic Gladiator SandalsDonald J. Pliner Reptile Print Aisha M Gray SandalsPrada Black Floral Low Heel Leather Velcro Straps SandalsValentino New Garavani Rockstud Free Gladiator Thong 6 SandalsTory Burch Rose Natural Logan Embellished Floral Slides Sandals , Christian Louboutin Tan Peep Toe with Metallic Bow SandalsOpening Ceremony Black Alixx Espadrille Crisscross Suede/Jute Slides Sandals , Tory Burch Blue New In Box Coastline Wedge Sandals , Jimmy Choo Brown/Beige Python Excellent Condition Recipt Attached Pumps , Prada Gold Orange Geometric Multi Fabric Slingback Kitten Pumps , Fendi Beige 8k3716gcc Perforated Leather Low Eur 37 PumpsValentino Blue Rockstud Slingback Kitten Heels Us7 Eu37 PumpsChristian Louboutin Black Patent and Leopard Patent No Pumps , ladies White Stag Red Formal Shoes in short supply , LADY Sole Society Suede Formal Shoes Used in durability , MISS Steve Madden Blue Formal Shoes Clever and practical
    Colors Of California Sneakers - Women Colors Of California Sneakers online on YOOX United Kingdom - 11378083UHChiara Ferragni Ankle Boot - Women Chiara Ferragni Ankle Boots online on YOOX United Kingdom - 11554066DM , Pour La Victoire Black/White/Silver Sabina SandalsAntonio De Luca Court - Women Antonio De Luca Courts online on YOOX United Kingdom - 11519134QBWOMENS Prada Brown Tan Leather Sandals Ideal gift for all occasionswoman Athena Alexander Roxi Wedges Diverse new design , Men/Women Naturalizer Margo Heels Easy to usemen/women Franco Sarto Celeste Loafers Clearance saleBilli Bi Cowboy/Biker boots Colour: black tequilaAir motion trainers , black, Nike , Bruno Premi Classic ankle boots , Men/Women L'Artiste by Spring Step Live Boots Charming design , Adidas Puma CLASSIC - High-top trainers - black , Madden Girl MIRRA - Ankle boots Colour: black paris , Men/Women CL By Laundry Singer Flats Preferred boutique , Adidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11287879BRCarshoe Loafers - Women Carshoe Loafers online on YOOX United Kingdom - 11542847RRValentino Garavani Sneakers - Women Valentino Garavani Sneakers online on YOOX United Kingdom - 11572977LH , Converse Red Wedge All Stars Sneakers , Women's Black Maui Wedges Online shopNV45KTQp ECCO Golf Casual Hybrid 2Selected materials Calvin Klein Gella PumpBorn Torrey Durable, distressed suede uppers with a round toe , Liu •Jo Shoes Sandals - Women Liu •Jo Shoes Sandals online on YOOX United Kingdom - 11217353KDLiu •Jo Shoes Sneakers - Women Liu •Jo Shoes Sneakers online on YOOX United Kingdom - 11314901WVPuma Black Total Eclipse Basket X Hoh Rose Sneakerswoman Manolo Blahnik Nude New Sandals a great varietyStuart Weitzman Black Patent Nunakedstraight Ankle Strap SandalsAerosoles Black & Brown Plush Room SandalsWOMENS Nike Black Rosherun Sneakers Large selection

    Style Very & Co Black M Very Good & Condition Black Sandals b9884c5 -

    • Copyright © Chosunilbo &
    Style Very & Co Black M Very Good & Condition Black Sandals b9884c5
    All Headlines Back to Top
    Shoes 1219992