Vans - Ua Authentic - Sneakers Kingdom United - Men Vans Sneakers online on YOOX United Kingdom - 11327368BO 880f452




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Vans - Ua Authentic - Sneakers Kingdom United - Men Vans Sneakers online on YOOX United Kingdom - 11327368BO 880f452 - tonysbshop.com

    Vans - Ua Authentic - Sneakers Kingdom United - Men Vans Sneakers online on YOOX United Kingdom - 11327368BO 880f452
Vans - Ua Authentic - Sneakers Kingdom United - Men Vans Sneakers online on YOOX United Kingdom - 11327368BO 880f452

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.

Vans - Ua Authentic - Sneakers Kingdom United - Men Vans Sneakers online on YOOX United Kingdom - 11327368BO 880f452 - 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.

Puma Rs-350 Re-Invention - Sneakers - Men Puma Sneakers online on YOOX United Kingdom - 11567183OG , Reebok Cl Lthr - Sneakers - Men Reebok Sneakers online on YOOX United Kingdom - 44994991GHPuma Te-Ku Prime - Sneakers - Men Puma Sneakers online on YOOX United Kingdom - 11541495SBSaucony Jazz O - Sneakers - Men Saucony Sneakers online on YOOX United Kingdom - 11545179SMKenzo K-Skate Basket - Sneakers - Men Kenzo Sneakers online on YOOX United Kingdom - 11430773TB , Herve'® Crosta Bisonte - Boots - Men Herve'® Boots online on YOOX United Kingdom - 11538783MFHerve'® Spazzolato Nero - Boots - Men Herve'® Boots online on YOOX United Kingdom - 11538766CWSaucony Shadow Original - Sneakers - Men Saucony Sneakers online on YOOX United Kingdom - 11545122BMSaucony Shadow Original - Sneakers - Men Saucony Sneakers online on YOOX United Kingdom - 11545206FA , Saucony Shadow Original - Sneakers - Men Saucony Sneakers online on YOOX United Kingdom - 11329282RU , Nike Air Huarache - Sneakers - Men Nike Sneakers online on YOOX United Kingdom - 44877890RDReebok Pump Supreme - Sneakers - Men Reebok Sneakers online on YOOX United Kingdom - 11572875CA , Lacoste Graduate Lcr3 - Sneakers - Men Lacoste Sneakers online on YOOX United Kingdom - 11210793DQSaucony Shadow Original - Sneakers - Men Saucony Sneakers online on YOOX United Kingdom - 11465000EV , Saucony Shadow Original - Sneakers - Men Saucony Sneakers online on YOOX United Kingdom - 11545200IVEytys Doja Leather - Sneakers - Men Eytys Sneakers online on YOOX United Kingdom - 11248628CA , Puma Rs-0 Re-Invention - Sneakers - Men Puma Sneakers online on YOOX United Kingdom - 11567191UMKenzo Bottes Main - Boots - Men Kenzo Boots online on YOOX United Kingdom - 11545199VJ , Herve'® Crosta Nera - Boots - Men Herve'® Boots online on YOOX United Kingdom - 11538771LWNike Sf Af1 - Sneakers - Men Nike Sneakers online on YOOX United Kingdom - 11572099QB , Puma Rs-100 Re-Invention - Sneakers - Men Puma Sneakers online on YOOX United Kingdom - 11567172LQSaucony Jazz O - Sneakers - Men Saucony Sneakers online on YOOX United Kingdom - 11545155XAHerve'® Crosta T.Moro - Boots - Men Herve'® Boots online on YOOX United Kingdom - 11538774ROSaucony Jazz O - Sneakers - Men Saucony Sneakers online on YOOX United Kingdom - 11545100LQPuma Puma Breaker - Sneakers - Men Puma Sneakers online on YOOX United Kingdom - 11566915FS , Saucony Jazz O - Sneakers - Men Saucony Sneakers online on YOOX United Kingdom - 11545182BKReebok Daytona Dmx - Sneakers - Men Reebok Sneakers online on YOOX United Kingdom - 11567321DGPuma Puma Breaker - Sneakers - Men Puma Sneakers online on YOOX United Kingdom - 11566937UO , Saucony Jazz O - Sneakers - Men Saucony Sneakers online on YOOX United Kingdom - 11545210LU ,
Paola D'arcano Court - Women Paola D'arcano Courts online on YOOX United Kingdom - 11463512VQDockers Newpage Quarter Strap SandalChie Mihara Rani - Ballet Flats - Women Chie Mihara Ballet Flats online on YOOX United Kingdom - 11429876AANew Balance Silver with Blue & Yellow Mens Stability Running Training Sneakers , Nike White Black Serena Williams Flare All Court Tennis Sneakers , Bruno Magli Elegant Patent Black Leather 5 1/2 Reduced Sandals , lady Saint Laurent Brown Wedges First class in his classNike White Pink Black Volt Lunarglide 5 Sneakers , womens Emilio Pucci Multicolor Na Wedges Cheap order , ladies Prada Bruciato Calzature Dona Sandals Buy online , woman Prada Calzature Donna Pumps price concessions , ecco BELLA - Classic ankle boots Colour: black , Asics Tiger GEL MOVIMENTUM - Trainers , mens/womens SoftWalk Naperville Flats Various goods , Vagabond SAIDE - Heeled mules , men's/women's Esprit Danika Flats Strong heat and wear resistanceSelected Homme CHELSEA - Classic ankle boots FromDockers by Gerli Walking sandals - cafe , Schutz Court - Women Schutz Courts online on YOOX United Kingdom - 11583467PN , Dsquared2 Sneakers - Men Dsquared2 Sneakers online on YOOX United Kingdom - 11553822GLmens/womens Reebok Twistform Blaze 3.0 MTM Sneakers & Athletic Reebok Wear resistantAdidas ONLY SHOES ONLSMILLA ELEVATED GLITTER - Trainers - greyRoberto Botticelli Sneakers - Men Roberto Botticelli Sneakers online on YOOX United Kingdom - 11515361KB , Blumarine Court - Women Blumarine Courts online on YOOX United Kingdom - 11543564MVFila Sneakers - Women Fila Sneakers online on YOOX United Kingdom - 11464620JGTod's Ankle Boot - Women Tod's Ankle Boots online on YOOX United Kingdom - 11543717QD , ladies Superga Black 2260 Sneakers bestsell , Packaging diversity CC Corso Como Bellah , women Brian Atwood Nude Bambola Platforms Different styles and stylesLADY AllSaints Black Hopton Heel Sandals tender ,

Vans - Ua Authentic - Sneakers Kingdom United - Men Vans Sneakers online on YOOX United Kingdom - 11327368BO 880f452 - tonysbshop.com

Vans - Ua Authentic - Sneakers Kingdom United - Men Vans Sneakers online on YOOX United Kingdom - 11327368BO 880f452
Previous Next
All Headlines Back to Top
Shoes 1410155
3411796
4778977
5314004
6583097
9077060
10369563
15049356
17690466