Geneve Loafers Women - Women Geneve brisbanech-18028 Loafers online on 18027 YOOX United Kingdom - 11467714RG 0c0516a




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Geneve Loafers Women - Women Geneve brisbanech-18028 Loafers online on 18027 YOOX United Kingdom - 11467714RG 0c0516a - tonysbshop.com

    Geneve Loafers Women - Women Geneve brisbanech-18028 Loafers online on 18027 YOOX United Kingdom - 11467714RG 0c0516a
Geneve Loafers Women - Women Geneve brisbanech-18028 Loafers online on 18027 YOOX United Kingdom - 11467714RG 0c0516a

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.

Geneve Loafers Women - Women Geneve brisbanech-18028 Loafers online on 18027 YOOX United Kingdom - 11467714RG 0c0516a - 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.

Formentini Court - Women Formentini Courts online on YOOX United Kingdom - 11479036PP , Diesel Court - Women Diesel Courts online on YOOX United Kingdom - 11535431OCDeimille Court - Women Deimille Courts online on YOOX United Kingdom - 11556193FB , Casadei Court - Women Casadei Courts online on YOOX United Kingdom - 11544326OU , Prezioso Court - Women Prezioso Courts online on YOOX United Kingdom - 11491135NDGeox Sneakers - Women Geox Sneakers online on YOOX United Kingdom - 11542347SWSuperga® Sneakers - Women Superga® Sneakers online on YOOX United Kingdom - 11486535QJLoriblu Boots - Women Loriblu Boots online on YOOX United Kingdom - 11521502SAVans Sneakers - Women Vans Sneakers online on YOOX United Kingdom - 11490706LQDiesel Sneakers - Women Diesel Sneakers online on YOOX United Kingdom - 11535471MQPinko Sneakers - Women Pinko Sneakers online on YOOX United Kingdom - 11504800IP , Cafènoir Sneakers - Women Cafènoir Sneakers online on YOOX United Kingdom - 11454836HD , Puma Sneakers - Women Puma Sneakers online on YOOX United Kingdom - 11497164DLCastañer Sandals - Women Castañer Sandals online on YOOX United Kingdom - 11305791PQ , Ras Loafers - Women Ras Loafers online on YOOX United Kingdom - 11351857SO , Joseph Boots - Women Joseph Boots online on YOOX United Kingdom - 11481071PF2Star Sneakers - Women 2Star Sneakers online on YOOX United Kingdom - 11453490RI , Asfvlt Sneakers - Women Asfvlt Sneakers online on YOOX United Kingdom - 11339920CS , Hunter Boots - Women Hunter Boots online on YOOX United Kingdom - 11246558QJ , Aquazzura Court - Women Aquazzura Courts online on YOOX United Kingdom - 11215184BCRodo Sandals - Women Rodo Sandals online on YOOX United Kingdom - 11572305FR , O.X.S. Sneakers - Women O.X.S. Sneakers online on YOOX United Kingdom - 11501443SO , Formentini Loafers - Women Formentini Loafers online on YOOX United Kingdom - 11478970TCDsquared2 Court - Women Dsquared2 Courts online on YOOX United Kingdom - 11468990KGCafènoir Sandals - Women Cafènoir Sandals online on YOOX United Kingdom - 11337751XW , Sebastian Boots - Women Sebastian Boots online on YOOX United Kingdom - 11445848WSCocotte Espadrilles - Women Cocotte Espadrilles online on YOOX United Kingdom - 11196516LNRas Loafers - Women Ras Loafers online on YOOX United Kingdom - 11319858BR , Deimille Court - Women Deimille Courts online on YOOX United Kingdom - 11224946BA
Via Vela 14 Loafers - Women Via Vela 14 Loafers online on YOOX United Kingdom - 11542701WWSergio Rossi Ankle Boot - Women Sergio Rossi Ankle Boots online on YOOX United Kingdom - 11454346PEL' Autre Chose Boots - Women L' Autre Chose Boots online on YOOX United Kingdom - 13192289NL , Carlo Pazolini Ankle Boot - Women Carlo Pazolini Ankle Boots online on YOOX United Kingdom - 11509979QV , Paloma Barceló Sandals - Women Paloma Barceló Sandals online on YOOX United Kingdom - 11514094LX , Balenciaga Lavender High Top Sneakers Sneakers , LADY Tory Burch Purple Sandals Fashion , nssE9r1u men's/women's LifeStride Amanda Heels superiorMarc By Marc Jacobs Sandals - Women Marc By Marc Jacobs Sandals online on YOOX United Kingdom - 11181237HL , Men/Women Bella-Vita Nessa II Heels best sellerAdidas UA & Sons Rivalry Lo ShoesAdidas Gabor Platform heels - bluette , Call it Spring NYDYNIA - Mules , Adidas Vagabond DOLORES - Mules - blackONLY Play ONPSALLIE GLITTER - Sports shoes , Barrett Boots - Men Barrett Boots online on YOOX United Kingdom - 11554939QF , Roberto Cavalli Sneakers - Men Roberto Cavalli Sneakers online on YOOX United Kingdom - 11577178WFStokton Sneakers - Women Stokton Sneakers online on YOOX United Kingdom - 11482929RBPinko Court - Women Pinko Courts online on YOOX United Kingdom - 11554663TPHenderson Loafers - Women Henderson Loafers online on YOOX United Kingdom - 11452291XKCasadei Court - Women Casadei Courts online on YOOX United Kingdom - 11321703LUElegant shape bernie mev. TW 80 , Settlement Price Old Gringo Bianca , Best-selling worldwide La Canadienne JijiElegant and solemn Ted Baker SaldorDingo Alisyn The sleek style of the Dingo Alisyn boot will complement both your skinny jeans and leggingsElie Tahari Metallic Black New High Top Leather Fashion Sneaker Sneakers , Christian Louboutin Blue #7669 Peacock with Green Shade Suede Leather PumpsCalvin Klein Brown Jupare Platform Espadrille 187 Almond Tan SandalsLADY Tibi Black Kel Cutout Sandals Exquisite workmanship

Geneve Loafers Women - Women Geneve brisbanech-18028 Loafers online on 18027 YOOX United Kingdom - 11467714RG 0c0516a - tonysbshop.com

Geneve Loafers Women - Women Geneve brisbanech-18028 Loafers online on 18027 YOOX United Kingdom - 11467714RG 0c0516a
Previous Next
All Headlines Back to Top
Shoes 423421
3491517
3887701
7281636
7537659
9922094
10284160
15667994
18164813