Melluso Court - Women Melluso Courts - Women online on Melluso YOOX United Kingdom - 11535030OA 719d86f




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Melluso Court - Women Melluso Courts - Women online on Melluso YOOX United Kingdom - 11535030OA 719d86f - tonysbshop.com

    Melluso Court - Women Melluso Courts - Women online on Melluso YOOX United Kingdom - 11535030OA 719d86f
Melluso Court - Women Melluso Courts - Women online on Melluso YOOX United Kingdom - 11535030OA 719d86f

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.

Melluso Court - Women Melluso Courts - Women online on Melluso YOOX United Kingdom - 11535030OA 719d86f - 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.

Elege' Sandals - Women Elege' Sandals online on YOOX United Kingdom - 11512011KKMally Boots - Women Mally Boots online on YOOX United Kingdom - 11473262GD , Balmain Sneakers - Women Balmain Sneakers online on YOOX United Kingdom - 11510649KF , 1,618 Sandals - Women 1,618 Sandals online on YOOX United Kingdom - 11467493ENMsgm Sandals - Women Msgm Sandals online on YOOX United Kingdom - 11495807WU , Strategia Boots - Women Strategia Boots online on YOOX United Kingdom - 11482601LUChic&Greek Sandals - Women Chic&Greek Sandals online on YOOX United Kingdom - 11495060GRPokemaoke Sandals - Women Pokemaoke Sandals online on YOOX United Kingdom - 11482605UISantoni Sneakers - Women Santoni Sneakers online on YOOX United Kingdom - 11496363AK , 1,618 Boots - Women 1,618 Boots online on YOOX United Kingdom - 11499088EW , Replay Sneakers - Women Replay Sneakers online on YOOX United Kingdom - 11503953OAUnisa Loafers - Women Unisa Loafers online on YOOX United Kingdom - 11514828CD , Pinko Sneakers - Women Pinko Sneakers online on YOOX United Kingdom - 11459776FC06565 Court - Women 06565 Courts online on YOOX United Kingdom - 11341452LT , Morobē Boots - Women Morobē Boots online on YOOX United Kingdom - 11474938KEGuess Sneakers - Women Guess Sneakers online on YOOX United Kingdom - 11490772UCChantal Court - Women Chantal Courts online on YOOX United Kingdom - 11507730SJ , Strategia Boots - Women Strategia Boots online on YOOX United Kingdom - 11475138UKLionelle Court - Women Lionelle Courts online on YOOX United Kingdom - 11361894QM , Mi/Mai Boots - Women Mi/Mai Boots online on YOOX United Kingdom - 11505992LRDiesel Court - Women Diesel Courts online on YOOX United Kingdom - 11484747IT , Carmens Boots - Women Carmens Boots online on YOOX United Kingdom - 11481050UL , Ninalilou Court - Women Ninalilou Courts online on YOOX United Kingdom - 11503348NX , Mi/Mai Sneakers - Women Mi/Mai Sneakers online on YOOX United Kingdom - 11506072GAPiranha Boots - Women Piranha Boots online on YOOX United Kingdom - 11506241GUCividini Sneakers - Women Cividini Sneakers online on YOOX United Kingdom - 11499328OLCuoieria Boots - Women Cuoieria Boots online on YOOX United Kingdom - 11484919JRNike Sneakers - Women Nike Sneakers online on YOOX United Kingdom - 11506123JL , Cult Sneakers - Women Cult Sneakers online on YOOX United Kingdom - 11502795IE ,
Bryan Blake Ankle Boot - Women Bryan Blake Ankle Boots online on YOOX United Kingdom - 11495483HSLea Foscati Ankle Boot - Women Lea Foscati Ankle Boots online on YOOX United Kingdom - 11495841OL , L' Autre Chose Sandals - Women L' Autre Chose Sandals online on YOOX United Kingdom - 11301852GW , Jeffrey Campbell Sandals - Women Jeffrey Campbell Sandals online on YOOX United Kingdom - 11274278DB , Tosca Blu Shoes Ankle Boot - Women Tosca Blu Shoes Ankle Boots online on YOOX United Kingdom - 11527645VH , Ladies Fendi Black Multicolor Sneakers Sneakers Practical and economicalWomen's Tory Burch Black Flats Sandals New designLadies Claudia Ciuti Pink Flower Sandals Immediate delivery , Dolce Vita TUCKER - Ankle boots Colour: brownmens/womens Clarks Deloria Liv Heels Official websiteGeox DEIVEN - Trainers - blackMen/Women Esprit Vogue Sandals Personalization trend , Dr. Martens Pascal Daze 8-Eye Boot , Johnston & Murphy Gwynn Penny Mocmen/women Havaianas Surf Flip Flops Sandals high quality productmen's/women's Steve Madden Kreacher Oxfords Vintage tide shoes , ecco ENNIO - Trainers - black bedouinLumberjack Boots - Men Lumberjack Boots online on YOOX United Kingdom - 11514583KA , man/woman adidas CrazyPower TR Sneakers & Athletic adidas Extreme speed logistics , Apepazza Sandals - Women Apepazza Sandals online on YOOX United Kingdom - 11460573MSJoshua*S Sneakers - Women Joshua*S Sneakers online on YOOX United Kingdom - 11137870COGuess Sandals - Women Guess Sandals online on YOOX United Kingdom - 11335057DL , Ballin Court - Women Ballin Courts online on YOOX United Kingdom - 11432054JE , O.X.S. Sneakers - Women O.X.S. Sneakers online on YOOX United Kingdom - 11119466MPHogan Rebel Sneakers - Women Hogan Rebel Sneakers online on YOOX United Kingdom - 11544031RJ , Stuart Weitzman Black Leather Backview Sandals , Economical and practical Camper Alright - K200607 , Naturalizer Morrison Laid-back with a luxe feel, the Morrison marries comfort and style without a hitch! , Women's Frye Orange Open Wedges Won highly esteemed and widely trusted at home and abroad , Longchamp Blue Penelope Fantaisie 41 Block Heel Calfskin Sandals

Melluso Court - Women Melluso Courts - Women online on Melluso YOOX United Kingdom - 11535030OA 719d86f - tonysbshop.com

Melluso Court - Women Melluso Courts - Women online on Melluso YOOX United Kingdom - 11535030OA 719d86f
Previous Next
All Headlines Back to Top
Shoes 201731
1389268
4200603
5818380
10032483
12144975
13122884
16872752
17138433