Vittoria Mengoni Mengoni Venezia Loafers on - Women Vittoria YOOX Mengoni Venezia Loafers online on YOOX United Kingdom - 11509755NV 660e25c




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Vittoria Mengoni Mengoni Venezia Loafers on - Women Vittoria YOOX Mengoni Venezia Loafers online on YOOX United Kingdom - 11509755NV 660e25c - tonysbshop.com

    Vittoria Mengoni Mengoni Venezia Loafers on - Women Vittoria YOOX Mengoni Venezia Loafers online on YOOX United Kingdom - 11509755NV 660e25c
Vittoria Mengoni Mengoni Venezia Loafers on - Women Vittoria YOOX Mengoni Venezia Loafers online on YOOX United Kingdom - 11509755NV 660e25c

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.

Vittoria Mengoni Mengoni Venezia Loafers on - Women Vittoria YOOX Mengoni Venezia Loafers online on YOOX United Kingdom - 11509755NV 660e25c - 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.

Nr Rapisardi Ankle Boot - Women Nr Rapisardi Ankle Boots online on YOOX United Kingdom - 11503842DHPassion Blanche Open-Toe Mules - Women Passion Blanche Open-Toe Mules online on YOOX United Kingdom - 11491638KV , Alexander Wang Ankle Boot - Women Alexander Wang Ankle Boots online on YOOX United Kingdom - 11462966UR , Aldo Castagna Ankle Boot - Women Aldo Castagna Ankle Boots online on YOOX United Kingdom - 11488388PC , Blu Byblos Ankle Boot - Women Blu Byblos Ankle Boots online on YOOX United Kingdom - 11489287BH , Converse All Star Sneakers - Women Converse All Star Sneakers online on YOOX United Kingdom - 11489580VGPlein Sud Ankle Boot - Women Plein Sud Ankle Boots online on YOOX United Kingdom - 11476199QA , Manufacture D'essai Ankle Boot - Women Manufacture D'essai Ankle Boots online on YOOX United Kingdom - 11467285ML , I Am Ankle Boot - Women I Am Ankle Boots online on YOOX United Kingdom - 11456033ARConverse All Star Sneakers - Women Converse All Star Sneakers online on YOOX United Kingdom - 11489585UU , Islo Isabella Lorusso Court - Women Islo Isabella Lorusso Courts online on YOOX United Kingdom - 11471732KQJanet Sport Ankle Boot - Women Janet Sport Ankle Boots online on YOOX United Kingdom - 11467098BX , Pura López Ankle Boot - Women Pura López Ankle Boots online on YOOX United Kingdom - 11469219QNStuart Weitzman Ankle Boot - Women Stuart Weitzman Ankle Boots online on YOOX United Kingdom - 11465516MHPolice 883 Ankle Boot - Women Police 883 Ankle Boots online on YOOX United Kingdom - 11467965TC , Janet Sport Ankle Boot - Women Janet Sport Ankle Boots online on YOOX United Kingdom - 11467091TT , Bibi Lou Ballet Flats - Women Bibi Lou Ballet Flats online on YOOX United Kingdom - 11472064WC , Bianca Di Ankle Boot - Women Bianca Di Ankle Boots online on YOOX United Kingdom - 11472017GW , Horo Nero Ankle Boot - Women Horo Nero Ankle Boots online on YOOX United Kingdom - 11472227GW , Bruno Premi Ankle Boot - Women Bruno Premi Ankle Boots online on YOOX United Kingdom - 11472554RI , Nicola Barbato Ankle Boot - Women Nicola Barbato Ankle Boots online on YOOX United Kingdom - 11467201DFFabio Rusconi Ankle Boot - Women Fabio Rusconi Ankle Boots online on YOOX United Kingdom - 11474070CH , Sgn Giancarlo Paoli Sandals - Women Sgn Giancarlo Paoli Sandals online on YOOX United Kingdom - 11471928DIVic Matiē Ankle Boot - Women Vic Matiē Ankle Boots online on YOOX United Kingdom - 11383781RNNila & Nila Loafers - Women Nila & Nila Loafers online on YOOX United Kingdom - 11474115WG , Leo Studio Design Sandals - Women Leo Studio Design Sandals online on YOOX United Kingdom - 11372074RKA.S. 98 Ankle Boot - Women A.S. 98 Ankle Boots online on YOOX United Kingdom - 11473635INErnesto Dolani Ankle Boot - Women Ernesto Dolani Ankle Boots online on YOOX United Kingdom - 11371211KTJanet & Janet Sandals - Women Janet & Janet Sandals online on YOOX United Kingdom - 11376059WM
Lisa Corti Open-Toe Mules - Women Lisa Corti Open-Toe Mules online on YOOX United Kingdom - 11381752RXSOTOALTO Mafalda FASHION LOAFERS FOR WOMEN , PIKOLINOS W3s-4552 ZAPATO PLANO PARA MUJER , MISS Jimmy Choo Silver 101023057 Platforms Elegant styleCHACAL 4088-chacal FASHION ANKLE BOOTS FOR WOMENLadies Liz Claiborne Green Wedges Buy onlinemen/women Nine West Eria Heels comfortableCole Haan Zerogrand Wing Ox II , D audalies h. san. a leather sandals , black, GeoxAdidas CTWLK TIRANA - Mules - rosaMoma Boots - Men Moma Boots online on YOOX United Kingdom - 11508685EImen/women Locust sandals , black, Tamaris Shoes Pick up at the boutiquemen's/women's Ted Baker Tyroen Sneakers & Athletic Ted Baker Current shapeman/woman John Varvatos Remy Hi Top Sneakers & Athletic John Varvatos good qualityFitflop Loafers - Women Fitflop Loafers online on YOOX United Kingdom - 11176592DCCasadei Court - Women Casadei Courts online on YOOX United Kingdom - 11520033GBCuplé Sandals - Women Cuplé Sandals online on YOOX United Kingdom - 11541252NCSuperga® Sneakers - Women Superga® Sneakers online on YOOX United Kingdom - 11463011BU , Chiara Ferragni Sandals - Women Chiara Ferragni Sandals online on YOOX United Kingdom - 11552016EUArmani Collezioni Loafers - Women Armani Collezioni Loafers online on YOOX United Kingdom - 11524016GEGhōud Venice Sneakers - Women Ghōud Venice Sneakers online on YOOX United Kingdom - 11548886HLBlugirl Blumarine Sandals - Women Blugirl Blumarine Sandals online on YOOX United Kingdom - 11569603BIWhat For Court - Women What For Courts online on YOOX United Kingdom - 11268218SI , Cafènoir Ankle Boot - Women Cafènoir Ankle Boots online on YOOX United Kingdom - 11514917FEPhilippe Model Sneakers - Men Philippe Model Sneakers online on YOOX United Kingdom - 11564952RV , ltvnmr6P ECCO Golf Street Retro HydroMax , Sales online store Dr. Martens 1919 , LADY Christian Louboutin Corsette Sandals Let our goods go out into the worldlady Hermès Dark Tan Classic Sandals Good worldwide reputation , Twelfth St. by Cynthia Vincent Black Mora Sandals

Vittoria Mengoni Mengoni Venezia Loafers on - Women Vittoria YOOX Mengoni Venezia Loafers online on YOOX United Kingdom - 11509755NV 660e25c - tonysbshop.com

Vittoria Mengoni Mengoni Venezia Loafers on - Women Vittoria YOOX Mengoni Venezia Loafers online on YOOX United Kingdom - 11509755NV 660e25c
Previous Next
All Headlines Back to Top
Shoes 1024764
1296791
1787292
3474816
5087925
8010507
13556154
14862348
18421417