Gianvito Rossi Sandals YOOX - United Women Gianvito Gianvito Rossi Sandals online on YOOX United Kingdom - 11452102AO b36ebde




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Gianvito Rossi Sandals YOOX - United Women Gianvito Gianvito Rossi Sandals online on YOOX United Kingdom - 11452102AO b36ebde - tonysbshop.com

    Gianvito Rossi Sandals YOOX - United Women Gianvito Gianvito Rossi Sandals online on YOOX United Kingdom - 11452102AO b36ebde
Gianvito Rossi Sandals YOOX - United Women Gianvito Gianvito Rossi Sandals online on YOOX United Kingdom - 11452102AO b36ebde

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.

Gianvito Rossi Sandals YOOX - United Women Gianvito Gianvito Rossi Sandals online on YOOX United Kingdom - 11452102AO b36ebde - 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.

Le Silla Court - Women Le Silla Courts online on YOOX United Kingdom - 11395302AU , Maison Margiela Sandals - Women Maison Margiela Sandals online on YOOX United Kingdom - 11341056RU , Alaïa Ballet Flats - Women Alaïa Ballet Flats online on YOOX United Kingdom - 11394397HTLe Silla Sandals - Women Le Silla Sandals online on YOOX United Kingdom - 11408537GTBirkenstock Flip Flops - Women Birkenstock Flip Flops online on YOOX United Kingdom - 11507674VLTod's Ballet Flats - Women Tod's Ballet Flats online on YOOX United Kingdom - 11412732AD , Sergio Rossi Sandals - Women Sergio Rossi Sandals online on YOOX United Kingdom - 11411921UKBruno Premi Sandals - Women Bruno Premi Sandals online on YOOX United Kingdom - 11464364OM , Le Silla Court - Women Le Silla Courts online on YOOX United Kingdom - 11395306GX , Bruno Premi Sandals - Women Bruno Premi Sandals online on YOOX United Kingdom - 11463341HLHogan Ballet Flats - Women Hogan Ballet Flats online on YOOX United Kingdom - 11435335HDFratelli Rossetti Sandals - Women Fratelli Rossetti Sandals online on YOOX United Kingdom - 11441955BUCasadei Ankle Boot - Women Casadei Ankle Boots online on YOOX United Kingdom - 11450741BOLe Silla Court - Women Le Silla Courts online on YOOX United Kingdom - 11410123CE , Fratelli Rossetti Sneakers - Women Fratelli Rossetti Sneakers online on YOOX United Kingdom - 11440607RUFratelli Rossetti Sandals - Women Fratelli Rossetti Sandals online on YOOX United Kingdom - 11441960OU , Gianvito Rossi Sandals - Women Gianvito Rossi Sandals online on YOOX United Kingdom - 11391912QB , Sergio Rossi Court - Women Sergio Rossi Courts online on YOOX United Kingdom - 11016133FC , Bruno Premi Sandals - Women Bruno Premi Sandals online on YOOX United Kingdom - 11443710JBLe Silla Sneakers - Women Le Silla Sneakers online on YOOX United Kingdom - 11527118UJ , Rene' Caovilla Sneakers - Women Rene' Caovilla Sneakers online on YOOX United Kingdom - 11354049BQ , Fratelli Rossetti Sandals - Women Fratelli Rossetti Sandals online on YOOX United Kingdom - 11440547QQBruno Premi Sandals - Women Bruno Premi Sandals online on YOOX United Kingdom - 11443551UX , Bruno Premi Sandals - Women Bruno Premi Sandals online on YOOX United Kingdom - 11443637RBMiista Roxane - Court - Women Miista Courts online on YOOX United Kingdom - 11483141EB , Le Silla Sandals - Women Le Silla Sandals online on YOOX United Kingdom - 11395318TBMiista Roxane - Court - Women Miista Courts online on YOOX United Kingdom - 11483150HR , Steve Madden Sandals - Women Steve Madden Sandals online on YOOX United Kingdom - 11355252CR , Clarks Ankle Boot - Women Clarks Ankle Boots online on YOOX United Kingdom - 11441264DD ,
Philipp Plein Ballet Flats - Women Philipp Plein Ballet Flats online on YOOX United Kingdom - 11454464JXLuciano Barachini Ankle Boot - Women Luciano Barachini Ankle Boots online on YOOX United Kingdom - 11504250SAVic Matiē Ankle Boot - Women Vic Matiē Ankle Boots online on YOOX United Kingdom - 11457508BX , Maison Margiela Ankle Boot - Women Maison Margiela Ankle Boots online on YOOX United Kingdom - 11250518FTLADY Black Quantum Platforms New market , 0oRuEyLW mens/womens LifeStride Scout Heels luxuriousG.P. Per Noy Bologna Ankle Boot - Women G.P. Per Noy Bologna Ankle Boots online on YOOX United Kingdom - 11456285AFmen/women Merrell Siren Hex Q2 Sneakers & Athletic Merrell Won highly appreciated and widely trusted at home and abroadDibrera By Paolo Zanoli Sneakers - Men Dibrera By Paolo Zanoli Sneakers online on YOOX United Kingdom - 11445963BS , STONEFLY Speedy Lady 1 ZAPATILLA CON PLATAFORMA , Calvin Klein Jeans MEL - Trainers Colour: blackHUB JAG 2.0 - High-top trainersFaith | Faith Chloe Pointed Pumps , Ivyrevel CAYSI - Ankle boots , Lacoste STRAIGHTSET SPORT - Trainers - off white/natural , Converse ONE STAR - Trainers Colour: diffused taupe/silver/egret , Khrio' Sneakers - Women Khrio' Sneakers online on YOOX United Kingdom - 11491886DRKARL LAGERFELD KAMINI SOUVENIR PIN SLIP ON - Espadrilles Colour: black boucle/silverLost Ink Wide Fit | Lost Ink Wide Fit Black Western Studded Heeled Sandalsmen's/women's SKECHERS Street Hi-Lites - Saturated Sneakers & Athletic SKECHERS Street low costVic Sandals - Women Vic Sandals online on YOOX United Kingdom - 11205237DBCarshoe Ankle Boot - Women Carshoe Ankle Boots online on YOOX United Kingdom - 11522720DX , Olivia's Bow Sneakers - Women Olivia's Bow Sneakers online on YOOX United Kingdom - 11378866KJTory Burch Tan Patient Leather SandalsWOMEN Arezzo Silver Brazilian Platforms NegotiateLadies Skechers Gold 185-3 Sneakers Newlady Hype Tan with Ornaments Wedges Has a long reputation , WOMEN Nike Red Liberty Dunks Sneakers Stylish and funny , WOMEN Giuseppe Zanotti Vero Cuoio Sandals Customer firstwomens Seychelles Coral Thyme Wedges Nice color

Gianvito Rossi Sandals YOOX - United Women Gianvito Gianvito Rossi Sandals online on YOOX United Kingdom - 11452102AO b36ebde - tonysbshop.com

Gianvito Rossi Sandals YOOX - United Women Gianvito Gianvito Rossi Sandals online on YOOX United Kingdom - 11452102AO b36ebde
Previous Next
All Headlines Back to Top
Shoes 2004600
3428657
5159287
9565256
11514888
14760525
15655575
15744241
17691024