Guess Court - Women Guess online Courts online 26879 11496174OF on YOOX United Kingdom - 11496174OF 16cb22f




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Guess Court - Women Guess online Courts online 26879 11496174OF on YOOX United Kingdom - 11496174OF 16cb22f - tonysbshop.com

    Guess Court - Women Guess online Courts online 26879 11496174OF on YOOX United Kingdom - 11496174OF 16cb22f
Guess Court - Women Guess online Courts online 26879 11496174OF on YOOX United Kingdom - 11496174OF 16cb22f

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.

Guess Court - Women Guess online Courts online 26879 11496174OF on YOOX United Kingdom - 11496174OF 16cb22f - 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.

Unützer Loafers - Women Unützer Loafers online on YOOX United Kingdom - 11527303NBTod's Loafers - Women Tod's Loafers online on YOOX United Kingdom - 11541203EXIgi&Co Boots - Women Igi&Co Boots online on YOOX United Kingdom - 11535151SLMelluso Court - Women Melluso Courts online on YOOX United Kingdom - 11537668FH , Unisa Sandals - Women Unisa Sandals online on YOOX United Kingdom - 11534310FT , Mulberry Loafers - Women Mulberry Loafers online on YOOX United Kingdom - 11539044TNKatrin Court - Women Katrin Courts online on YOOX United Kingdom - 11464367KK , Cecil Sandals - Women Cecil Sandals online on YOOX United Kingdom - 11460646OLMelluso Court - Women Melluso Courts online on YOOX United Kingdom - 11539022QLD.A.T.E. Sneakers - Women D.A.T.E. Sneakers online on YOOX United Kingdom - 11534537RJMelluso Court - Women Melluso Courts online on YOOX United Kingdom - 11535030OA , Hogan Sneakers - Women Hogan Sneakers online on YOOX United Kingdom - 11539604KDJ.Born Boots - Women J.Born Boots online on YOOX United Kingdom - 11532911DT , Melluso Sandals - Women Melluso Sandals online on YOOX United Kingdom - 11532654HLAlbano Loafers - Women Albano Loafers online on YOOX United Kingdom - 11537820RMFeeling Boots - Women Feeling Boots online on YOOX United Kingdom - 11458244TV , Ikaros Sandals - Women Ikaros Sandals online on YOOX United Kingdom - 11532743BV , C.Waldorf Court - Women C.Waldorf Courts online on YOOX United Kingdom - 11534132PHSchutz Sandals - Women Schutz Sandals online on YOOX United Kingdom - 11464231JU , Schutz Court - Women Schutz Courts online on YOOX United Kingdom - 11533332QR , Loriblu Court - Women Loriblu Courts online on YOOX United Kingdom - 11511621ONExe' Sandals - Women Exe' Sandals online on YOOX United Kingdom - 11532538SQ , Hogan Sandals - Women Hogan Sandals online on YOOX United Kingdom - 11527678EA , Melissa Loafers - Women Melissa Loafers online on YOOX United Kingdom - 11530533IP , Casadei Court - Women Casadei Courts online on YOOX United Kingdom - 11494425XH , Cult Loafers - Women Cult Loafers online on YOOX United Kingdom - 11514070CR , Ellemme Court - Women Ellemme Courts online on YOOX United Kingdom - 11525771JPDolfie Loafers - Women Dolfie Loafers online on YOOX United Kingdom - 11527942OHPremiata Sneakers - Women Premiata Sneakers online on YOOX United Kingdom - 11482961WB ,
Class Roberto Cavalli Court - Women Class Roberto Cavalli Courts online on YOOX United Kingdom - 11563042HC , Federica Milano Sandals - Women Federica Milano Sandals online on YOOX United Kingdom - 11476704XPLaura Bellariva Sneakers - Women Laura Bellariva Sneakers online on YOOX United Kingdom - 11508664DVLADY Tory Burch Black Pauline Sandals Complete specification area , Massimo Dutti PERSONAL TAILORING - Trainers Colour: greymens/womens Adrienne Vittadini Ficke Loafers excellent qualitySteve Madden SAKE - Platform sandals , man/woman Sbicca Brinley Heels best sellerMen/Women Munro Delphi Sandals Breathable shoes , Men/Women Lugz Freeman Boots Upper material , Fred Perry | Fred Perry Spencer Leather Sneakers In White , Adidas Felmini HARDY - Cowboy/Biker boots - brown , Diadora S.CHALLENGE 2 AG - Multicourt shoes Colour: white/red/black , man/woman Opening Ceremony Dora Sandal Flats flagship store , Doucal's Loafers - Men Doucal's Loafers online on YOOX United Kingdom - 11502113FOPhilippe Model Sneakers - Men Philippe Model Sneakers online on YOOX United Kingdom - 11482930II , Lumberjack Sneakers - Women Lumberjack Sneakers online on YOOX United Kingdom - 11344285QM , Colmar Sneakers - Women Colmar Sneakers online on YOOX United Kingdom - 11552453XNRodo Court - Women Rodo Courts online on YOOX United Kingdom - 11542756FHY-3 Sneakers - Women Y-3 Sneakers online on YOOX United Kingdom - 11330040AVRick Owens Sneakers - Women Rick Owens Sneakers online on YOOX United Kingdom - 11395718PFPantanetti Ankle Boot - Women Pantanetti Ankle Boots online on YOOX United Kingdom - 11507743CU , womens Dolce Vita Sandals Reliable performancediscount price Ariat Brisco Fringebest seller Steve Madden Hicksin , ajFrvU5i MISS Bally Taupe Wedges NewWOMENS Chaps Black Est. 1978 Wedges New productMISS Prada Black T-strap Flower Sandals Immediate delivery , womens Fendi Black Décolletage Vitelli Wedges Easy , women Vince Black Cori Sneakers Hot sale ,

Guess Court - Women Guess online Courts online 26879 11496174OF on YOOX United Kingdom - 11496174OF 16cb22f - tonysbshop.com

Guess Court - Women Guess online Courts online 26879 11496174OF on YOOX United Kingdom - 11496174OF 16cb22f
Previous Next
All Headlines Back to Top
Shoes 1979303
2558565
6018216
7294403
7986169
14372251
15031122
15370633
16494309