Piranha Sandals - Women Piranha - Sandals online on YOOX brisbanech-26482 Piranha United Kingdom - 11506358SE 9105427




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Piranha Sandals - Women Piranha - Sandals online on YOOX brisbanech-26482 Piranha United Kingdom - 11506358SE 9105427 - tonysbshop.com

    Piranha Sandals - Women Piranha - Sandals online on YOOX brisbanech-26482 Piranha United Kingdom - 11506358SE 9105427
Piranha Sandals - Women Piranha - Sandals online on YOOX brisbanech-26482 Piranha United Kingdom - 11506358SE 9105427

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.

Piranha Sandals - Women Piranha - Sandals online on YOOX brisbanech-26482 Piranha United Kingdom - 11506358SE 9105427 - 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.

Macarena® Sandals - Women Macarena® Sandals online on YOOX United Kingdom - 11354928XPCult Sneakers - Women Cult Sneakers online on YOOX United Kingdom - 11300230TO , Gaimo Loafers - Women Gaimo Loafers online on YOOX United Kingdom - 11517320VBSoludos Loafers - Women Soludos Loafers online on YOOX United Kingdom - 11477641SEGeneve Espadrilles - Women Geneve Espadrilles online on YOOX United Kingdom - 11359750DE , Reebok Sneakers - Women Reebok Sneakers online on YOOX United Kingdom - 11508533RF , Lilimill Sandals - Women Lilimill Sandals online on YOOX United Kingdom - 11155760LPEbarrito Sneakers - Women Ebarrito Sneakers online on YOOX United Kingdom - 11516710PBKudetà Court - Women Kudetà Courts online on YOOX United Kingdom - 11515810AEAsh Sandals - Women Ash Sandals online on YOOX United Kingdom - 11340657NX , Mi/Mai Loafers - Women Mi/Mai Loafers online on YOOX United Kingdom - 11517630OP , Ash Espadrilles - Women Ash Espadrilles online on YOOX United Kingdom - 11125278GSSchutz Loafers - Women Schutz Loafers online on YOOX United Kingdom - 11463424IW , Ebarrito Sneakers - Women Ebarrito Sneakers online on YOOX United Kingdom - 11516929TFRodo Court - Women Rodo Courts online on YOOX United Kingdom - 11513927KQArchivio,22 Sneakers - Women Archivio,22 Sneakers online on YOOX United Kingdom - 11499700HA , Niū Loafers - Women Niū Loafers online on YOOX United Kingdom - 11517191FL , Mivida Loafers - Women Mivida Loafers online on YOOX United Kingdom - 11512129QB , Deimille Court - Women Deimille Courts online on YOOX United Kingdom - 11535112UTCantarelli Loafers - Women Cantarelli Loafers online on YOOX United Kingdom - 11516410PF , Veja Sneakers - Women Veja Sneakers online on YOOX United Kingdom - 11271324GA , Ash Court - Women Ash Courts online on YOOX United Kingdom - 11214392XO , Schutz Court - Women Schutz Courts online on YOOX United Kingdom - 11527519FQRichmond Sneakers - Women Richmond Sneakers online on YOOX United Kingdom - 11522890LI , Etro Loafers - Women Etro Loafers online on YOOX United Kingdom - 11523716GSBlumarine Sandals - Women Blumarine Sandals online on YOOX United Kingdom - 11530137XVMissoni Sandals - Women Missoni Sandals online on YOOX United Kingdom - 11408321BBBarracuda Sneakers - Women Barracuda Sneakers online on YOOX United Kingdom - 11535134IBHogan Loafers - Women Hogan Loafers online on YOOX United Kingdom - 11238780SD ,
Marian Ankle Boot - Women Marian Ankle Boots online on YOOX United Kingdom - 11498563VEOTAZUA 63021 FASHION FOOTWEAR FOR WOMENLADY Impo Brown Wedges New design , Tosca Blu Shoes Ankle Boot - Women Tosca Blu Shoes Ankle Boots online on YOOX United Kingdom - 11239241CS , Oim By Silvana Lauri Loafers - Women Oim By Silvana Lauri Loafers online on YOOX United Kingdom - 11549212GJ , MARIA MARE 65892 Madera-lamina Oro FASHION SANDALS FOR WOMENwomens Glint Silver Daryn Formal Shoes Long-term reputation , Women's White Breslin Platform Sandal Wedges Superior qualityBRUNATE 40114 ZAPATO DE SALóN PARA MUJERwomen Pink Silk Formal Shoes Different styles , See by Chloé Platform boots Colour: black/crostamen's/women's Nina Myrna Heels Fine wildman/woman Athena Alexander Graceful Sandals Stylish and fun , Tommy Hilfiger HARLOW - Trainers - white/midnight , Yuketen Boots - Men Yuketen Boots online on YOOX United Kingdom - 11464847OPmen/women ASICS Gel-Challenger 11 Sneakers & Athletic ASICS Elegant styleman/woman Nike Hakata Sneakers & Athletic Nike Win highly appreciated , Profession: Bottier Loafers - Men Profession: Bottier Loafers online on YOOX United Kingdom - 11552073OEArfango Boots - Women Arfango Boots online on YOOX United Kingdom - 11581572VQ , Vans Sneakers - Women Vans Sneakers online on YOOX United Kingdom - 11474048FD , Superga® Sneakers - Women Superga® Sneakers online on YOOX United Kingdom - 11206085RMToni Pons Sneakers - Women Toni Pons Sneakers online on YOOX United Kingdom - 11517254WB , 2IQvTbZ4 woman Zuri Platforms special offersell ECCO Sport Biom Omniquest , Bass Denim Blue M Very Good Condition SandalsJimmy Choo Black Suede Pom Pom Sandler's Sandals , WOMEN Burberry White Summer Sale Wedges quality productswomen Alexander McQueen Rose Gold Platforms For sale , woman Frye Tan Studded Platforms selling price , Women's Clarks Taupe Cloudsteppers Sandals Lush design ,

Piranha Sandals - Women Piranha - Sandals online on YOOX brisbanech-26482 Piranha United Kingdom - 11506358SE 9105427 - tonysbshop.com

Piranha Sandals - Women Piranha - Sandals online on YOOX brisbanech-26482 Piranha United Kingdom - 11506358SE 9105427
Previous Next
All Headlines Back to Top
Shoes 141163
1596951
2822815
6914553
7011390
12428902
13684461
13836645
16227642