My Grey Loafers - Women My brisbanech-22878 My Grey - Loafers online on YOOX United Kingdom - 11496972VQ 7020620




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • My Grey Loafers - Women My brisbanech-22878 My Grey - Loafers online on YOOX United Kingdom - 11496972VQ 7020620 - tonysbshop.com

    My Grey Loafers - Women My brisbanech-22878 My Grey - Loafers online on YOOX United Kingdom - 11496972VQ 7020620
My Grey Loafers - Women My brisbanech-22878 My Grey - Loafers online on YOOX United Kingdom - 11496972VQ 7020620

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.

My Grey Loafers - Women My brisbanech-22878 My Grey - Loafers online on YOOX United Kingdom - 11496972VQ 7020620 - 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.

Armani Jeans Boots - Women Armani Jeans Boots online on YOOX United Kingdom - 11263103SP , Tamara Mellon Sandals - Women Tamara Mellon Sandals online on YOOX United Kingdom - 11119221EDDaniele Ancarani Court - Women Daniele Ancarani Courts online on YOOX United Kingdom - 44538015JX , Mi Amor Court - Women Mi Amor Courts online on YOOX United Kingdom - 11459833CV , Schutz Open-Toe Mules - Women Schutz Open-Toe Mules online on YOOX United Kingdom - 11139093UO , Patrizia Pepe Sandals - Women Patrizia Pepe Sandals online on YOOX United Kingdom - 44535201TD , Janet Sport Boots - Women Janet Sport Boots online on YOOX United Kingdom - 11462317IAValentino Garavani Court - Women Valentino Garavani Courts online on YOOX United Kingdom - 11276808XC , Tory Burch Sandals - Women Tory Burch Sandals online on YOOX United Kingdom - 11142699UTGaia D'este Boots - Women Gaia D'este Boots online on YOOX United Kingdom - 11284834SJSteve Madden Court - Women Steve Madden Courts online on YOOX United Kingdom - 11464928IEGuess Ankle Boot - Women Guess Ankle Boots online on YOOX United Kingdom - 11471918GO , Versace Flip Flops - Women Versace Flip Flops online on YOOX United Kingdom - 11391416DSRick Owens Boots - Women Rick Owens Boots online on YOOX United Kingdom - 11296430FE , Giuseppe Zanotti Sandals - Women Giuseppe Zanotti Sandals online on YOOX United Kingdom - 11396310UKPatrizia Pepe Court - Women Patrizia Pepe Courts online on YOOX United Kingdom - 11299068BQ , Daniele Ancarani Court - Women Daniele Ancarani Courts online on YOOX United Kingdom - 44402142SU , Fratelli Karida Boots - Women Fratelli Karida Boots online on YOOX United Kingdom - 11532619REMercedes Castillo Sandals - Women Mercedes Castillo Sandals online on YOOX United Kingdom - 11477608UOSergio Rossi Boots - Women Sergio Rossi Boots online on YOOX United Kingdom - 44856548XFChiara Ferragni Boots - Women Chiara Ferragni Boots online on YOOX United Kingdom - 11554780JGManas Ankle Boot - Women Manas Ankle Boots online on YOOX United Kingdom - 44931313IX , United Nude Court - Women United Nude Courts online on YOOX United Kingdom - 11535512BOGuess Ankle Boot - Women Guess Ankle Boots online on YOOX United Kingdom - 11492662KT , Birkenstock Flip Flops - Women Birkenstock Flip Flops online on YOOX United Kingdom - 44959772CTElisabetta Franchi Boots - Women Elisabetta Franchi Boots online on YOOX United Kingdom - 11555057MCDonna Più Boots - Women Donna Più Boots online on YOOX United Kingdom - 11504690EO , Elisabetta Franchi Boots - Women Elisabetta Franchi Boots online on YOOX United Kingdom - 11555076NM , Le Coquet Court - Women Le Coquet Courts online on YOOX United Kingdom - 11555120WH
Sergio Rossi Ankle Boot - Women Sergio Rossi Ankle Boots online on YOOX United Kingdom - 11411912KC , Tosca Blu Shoes Sneakers - Women Tosca Blu Shoes Sneakers online on YOOX United Kingdom - 11468203VCAnlua Lucca Court - Women Anlua Lucca Courts online on YOOX United Kingdom - 11216090TVLiu •Jo Shoes Court - Women Liu •Jo Shoes Courts online on YOOX United Kingdom - 11144271UE , QWLk1aU0 Men/Women Cordani Balero Boots fineDolce & Gabbana Ankle Boot - Women Dolce & Gabbana Ankle Boots online on YOOX United Kingdom - 11158106GF , women ALAÏA Blue New Platforms Has a long reputationwomens Apt. 9 Black Boot Wedges Quality first , Ladies Guess Taupe Christa Rich Sandals Rich designWOMEN Pedro Garcia Brown Suede Sandals First qualityGolden Goose Deluxe Brand Midstar Sneakers Sneakers , WOMENS Brian Atwood Brown Platforms Consumers first , L'INTERVALLE TEEVA - High heels Colour: rainbow , mens/womens Bed Stu Suzanne Loafers excellent , men/women Nine West Khraine Boots Various latest designsHunter REFINED STUD BIKER - Wellies Colour: black , Reebok Sneakers - Men Reebok Sneakers online on YOOX United Kingdom - 11327501XE , man/woman Superga 2750 Suew Pyper Sneakers & Athletic Superga cheap priceman/woman Keds Champion Pineapple Chambray Sneakers & Athletic Keds Reliable performance , Adidas Reebok Classic CLUB C 85 - Trainers - white/royalman/woman Bianco CLASSIC - Trainers Orders are welcomeLeonardo Principi Sandals - Men Leonardo Principi Sandals online on YOOX United Kingdom - 11466829XK , Alberto Venturini Sandals - Women Alberto Venturini Sandals online on YOOX United Kingdom - 11480376QG , Merygen Ankle Boot - Women Merygen Ankle Boots online on YOOX United Kingdom - 11567686XBCasadei Ankle Boot - Women Casadei Ankle Boots online on YOOX United Kingdom - 11451328DDBargain PUMA Puma Spirit FGLiu •Jo Shoes Sneakers - Women Liu •Jo Shoes Sneakers online on YOOX United Kingdom - 11219423OP , Lands' End Teal with Black Suede Hiking Slip On Sneakers , women Jimmy Choo Patent Nude Wedges Moderate priceTory Burch Brown Sneakers Leather Leather Sneakers

My Grey Loafers - Women My brisbanech-22878 My Grey - Loafers online on YOOX United Kingdom - 11496972VQ 7020620 - tonysbshop.com

My Grey Loafers - Women My brisbanech-22878 My Grey - Loafers online on YOOX United Kingdom - 11496972VQ 7020620
Previous Next
All Headlines Back to Top
Shoes 1552696
2283091
3451434
4688828
10592270
14308108
16149612
17636326
17940231