Camper Drift - United Sneakers Kingdom - - Men Camper Sneakers online on YOOX United Kingdom - 11449415SX d16ed87




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Camper Drift - United Sneakers Kingdom - - Men Camper Sneakers online on YOOX United Kingdom - 11449415SX d16ed87 - tonysbshop.com

    Camper Drift - United Sneakers Kingdom - - Men Camper Sneakers online on YOOX United Kingdom - 11449415SX d16ed87
Camper Drift - United Sneakers Kingdom - - Men Camper Sneakers online on YOOX United Kingdom - 11449415SX d16ed87

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.

Camper Drift - United Sneakers Kingdom - - Men Camper Sneakers online on YOOX United Kingdom - 11449415SX d16ed87 - 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.

Antony Sander Loafers - Men Antony Sander Loafers online on YOOX United Kingdom - 11457020IG , Pierre Hardy Sneakers - Men Pierre Hardy Sneakers online on YOOX United Kingdom - 11392497SS , Prada Sport Sneakers - Men Prada Sport Sneakers online on YOOX United Kingdom - 11498117FVPrada Sport Sneakers - Men Prada Sport Sneakers online on YOOX United Kingdom - 11504631PO , Di Franco Loafers - Men Di Franco Loafers online on YOOX United Kingdom - 11449559MVSalvatore Ferragamo Loafers - Men Salvatore Ferragamo Loafers online on YOOX United Kingdom - 11497740BC , Jimmy Choo Sneakers - Men Jimmy Choo Sneakers online on YOOX United Kingdom - 11485886CCPrada Sport Sneakers - Men Prada Sport Sneakers online on YOOX United Kingdom - 11511753OKJimmy Choo Sneakers - Men Jimmy Choo Sneakers online on YOOX United Kingdom - 11517033UA , Salvatore Ferragamo Sneakers - Men Salvatore Ferragamo Sneakers online on YOOX United Kingdom - 11461924JF , Prada Sport Sneakers - Men Prada Sport Sneakers online on YOOX United Kingdom - 11259090CI , Jimmy Choo Sneakers - Men Jimmy Choo Sneakers online on YOOX United Kingdom - 11515639VO , Emporio Armani Loafers - Men Emporio Armani Loafers online on YOOX United Kingdom - 11504219MO , Jimmy Choo Sneakers - Men Jimmy Choo Sneakers online on YOOX United Kingdom - 11515686HEPrada Sport Sneakers - Men Prada Sport Sneakers online on YOOX United Kingdom - 11260639XSJimmy Choo Sneakers - Men Jimmy Choo Sneakers online on YOOX United Kingdom - 11507741WH , Maison Margiela Boots - Men Maison Margiela Boots online on YOOX United Kingdom - 11025318ID , Prada Sport Sneakers - Men Prada Sport Sneakers online on YOOX United Kingdom - 11515676WK , Pierre Hardy Sneakers - Men Pierre Hardy Sneakers online on YOOX United Kingdom - 11439428MH , Emporio Armani Sneakers - Men Emporio Armani Sneakers online on YOOX United Kingdom - 11511425BAPrada Sport Sandals - Men Prada Sport Sandals online on YOOX United Kingdom - 11515321IJ , Prada Sport Sneakers - Men Prada Sport Sneakers online on YOOX United Kingdom - 11244932CQFilling Pieces Sneakers - Men Filling Pieces Sneakers online on YOOX United Kingdom - 11496654XNJimmy Choo Sneakers - Men Jimmy Choo Sneakers online on YOOX United Kingdom - 11364853FPPrada Sport Sneakers - Men Prada Sport Sneakers online on YOOX United Kingdom - 11422608KC , Prada Sport Sneakers - Men Prada Sport Sneakers online on YOOX United Kingdom - 11515548TWJimmy Choo Sneakers - Men Jimmy Choo Sneakers online on YOOX United Kingdom - 11530570DLEmporio Armani Loafers - Men Emporio Armani Loafers online on YOOX United Kingdom - 11529495KQ , Maison Margiela Boots - Men Maison Margiela Boots online on YOOX United Kingdom - 11114977TB ,
Ancient Greek Sandals Sandals - Women Ancient Greek Sandals Sandals online on YOOX United Kingdom - 11521495UOLe Dangerouge Venus - Sneakers - Women Le Dangerouge Sneakers online on YOOX United Kingdom - 11560227LQ , Rick Owens Open-Toe Mules - Women Rick Owens Open-Toe Mules online on YOOX United Kingdom - 11326867DG , Dolce & Gabbana Loafers - Men Dolce & Gabbana Loafers online on YOOX United Kingdom - 11495180QKLeather Crown Sneakers - Women Leather Crown Sneakers online on YOOX United Kingdom - 11531860KD , Fabbrica Deicolli Boots - Women Fabbrica Deicolli Boots online on YOOX United Kingdom - 11536426VTPNktjXi0 Leather trainers , grey-green, NikeNRGY Comet Running Shoes | Ribbon Red-Iron Gate , Women's Miu Miu Cream Pumps Reliable reputation , Madden by Steve Madden COLTON - Slip-ons , man/woman CC Corso Como Beachaven Sandals ClearanceOffice HARRIS - High heeled sandals , man/woman Tahari Kingston Heels Innovative design , Cole Haan Tali Modern Bow Ballet , man/woman Tamaris Laura 1-28358-28 Heels Guarantee quality and quantityMen/Women CoSTUME NATIONAL Heeled Boot Boots First grade in its class , Adidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11214958QK , Marian Sandals - Women Marian Sandals online on YOOX United Kingdom - 11378235DCApepazza Sandals - Women Apepazza Sandals online on YOOX United Kingdom - 11372078EJ , Sara Sandals - Women Sara Sandals online on YOOX United Kingdom - 11499726PH , Hogan Court - Women Hogan Courts online on YOOX United Kingdom - 11336954JOStella Mccartney Loafers - Women Stella Mccartney Loafers online on YOOX United Kingdom - 11494799XR , Prabal Gurung Red For Target Sandals , YGFf34iZ SKECHERS Go Run 600 15082Elegant appearance Saucony Peregrine 8 ICE+ , Propet Otto Enjoy leisurely travel in the Propet Otto slip-onwomens Worthington Leather White Kitten Sandals Special promotions at the end of the year , Giuseppe Zanotti Brown Leather Chain-link Embellished Sandals , ladies Colin Stuart Olive Wedges Most practical , women Off-White™ Multicolor Belt Sandals Nice appearance

Camper Drift - United Sneakers Kingdom - - Men Camper Sneakers online on YOOX United Kingdom - 11449415SX d16ed87 - tonysbshop.com

Camper Drift - United Sneakers Kingdom - - Men Camper Sneakers online on YOOX United Kingdom - 11449415SX d16ed87
Previous Next
All Headlines Back to Top
Shoes 482284
506520
2056856
3909893
7749675
10389192
12629009
17257770
18480326