Emporio Sneakers 26982 Armani Sneakers - Men Emporio Men Armani Sneakers online on YOOX United Kingdom - 11526154QN 0fab929




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Emporio Sneakers 26982 Armani Sneakers - Men Emporio Men Armani Sneakers online on YOOX United Kingdom - 11526154QN 0fab929 - tonysbshop.com

    Emporio Sneakers 26982 Armani Sneakers - Men Emporio Men Armani Sneakers online on YOOX United Kingdom - 11526154QN 0fab929
Emporio Sneakers 26982 Armani Sneakers - Men Emporio Men Armani Sneakers online on YOOX United Kingdom - 11526154QN 0fab929

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.

Emporio Sneakers 26982 Armani Sneakers - Men Emporio Men Armani Sneakers online on YOOX United Kingdom - 11526154QN 0fab929 - 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.

Prada Sport Sneakers - Men Prada Sport Sneakers online on YOOX United Kingdom - 11552594QJSalvatore Ferragamo Loafers - Men Salvatore Ferragamo Loafers online on YOOX United Kingdom - 11556153PWValentino Garavani Loafers - Men Valentino Garavani Loafers online on YOOX United Kingdom - 11531140SW , Alexander Mcqueen Loafers - Men Alexander Mcqueen Loafers online on YOOX United Kingdom - 11500053BKJimmy Choo Sneakers - Men Jimmy Choo Sneakers online on YOOX United Kingdom - 11552664QKFilling Pieces Sneakers - Men Filling Pieces Sneakers online on YOOX United Kingdom - 11536857UJ , Filling Pieces Sneakers - Men Filling Pieces Sneakers online on YOOX United Kingdom - 11535041NB , Saint Laurent Sneakers - Men Saint Laurent Sneakers online on YOOX United Kingdom - 11538004IL , Pierre Hardy Sneakers - Men Pierre Hardy Sneakers online on YOOX United Kingdom - 11497408HP , Valentino Garavani Sneakers - Men Valentino Garavani Sneakers online on YOOX United Kingdom - 11500071HK , Salvatore Ferragamo Loafers - Men Salvatore Ferragamo Loafers online on YOOX United Kingdom - 11507964ML , Emporio Armani Sneakers - Men Emporio Armani Sneakers online on YOOX United Kingdom - 11511431QT , Tom Ford Loafers - Men Tom Ford Loafers online on YOOX United Kingdom - 11517029XSDior Homme Sneakers - Men Dior Homme Sneakers online on YOOX United Kingdom - 11463209MJBottega Veneta Loafers - Men Bottega Veneta Loafers online on YOOX United Kingdom - 11499832DBDior Homme Sneakers - Men Dior Homme Sneakers online on YOOX United Kingdom - 11505711FK , Filling Pieces Sneakers - Men Filling Pieces Sneakers online on YOOX United Kingdom - 11496674MNSaint Laurent Boots - Men Saint Laurent Boots online on YOOX United Kingdom - 11521118AGTom Ford Loafers - Men Tom Ford Loafers online on YOOX United Kingdom - 11496365DB , Prada Sport Sneakers - Men Prada Sport Sneakers online on YOOX United Kingdom - 11465027OM , Alexander Mcqueen Loafers - Men Alexander Mcqueen Loafers online on YOOX United Kingdom - 11463771AGJimmy Choo Loafers - Men Jimmy Choo Loafers online on YOOX United Kingdom - 11493937DE , Maison Margiela Boots - Men Maison Margiela Boots online on YOOX United Kingdom - 11471876HR , Prada Sport Sneakers - Men Prada Sport Sneakers online on YOOX United Kingdom - 11492667GI , Maison Margiela Sneakers - Men Maison Margiela Sneakers online on YOOX United Kingdom - 11472304WN , Maison Margiela Sneakers - Men Maison Margiela Sneakers online on YOOX United Kingdom - 11471866DD , Salvatore Ferragamo Sneakers - Men Salvatore Ferragamo Sneakers online on YOOX United Kingdom - 11495705AVBottega Veneta Sneakers - Men Bottega Veneta Sneakers online on YOOX United Kingdom - 11486873HS , Maison Margiela Sneakers - Men Maison Margiela Sneakers online on YOOX United Kingdom - 11472316XA
Paris Texas Ankle Boot - Women Paris Texas Ankle Boots online on YOOX United Kingdom - 11334556MG , Cesare Paciotti 4Us Sneakers - Men Cesare Paciotti 4Us Sneakers online on YOOX United Kingdom - 11386589VNOfficine Creative Italia Boots - Men Officine Creative Italia Boots online on YOOX United Kingdom - 11552580PGmen/women Merrell Freewheel Moc Sneakers & Athletic Merrell We have won praise from our customers.Loretta By Loretta Court - Women Loretta By Loretta Courts online on YOOX United Kingdom - 11506525MXGEOX U84r3f 0me22 U Box C9270 Black LOW-TOP TRAINERSWOMEN Tory Burch Blue Marguerite Sandals product quality , CUMBIA 30543 Negro FASHION SANDALS FOR WOMEN , men/women Steven Kasmir Heels renewed on timemen's/women's Louise et Cie Kai Heels Promotion , Marcel Ostertag x Tamaris Platform bootsman/woman Nine West Nala Heels Sellingmens/womens BCBGeneration Lara Boots Strong value , Paloma Barceló Ankle boots Colour: black , men/women Colors of California Mules online sale , Men/Women Sam Edelman Olivie 3 Sandals New styleGianfranco Lattanzi Loafers - Men Gianfranco Lattanzi Loafers online on YOOX United Kingdom - 11547016DP , Espadrilles Espadrilles - Women Espadrilles Espadrilles online on YOOX United Kingdom - 11457138NJSuperga® Sneakers - Women Superga® Sneakers online on YOOX United Kingdom - 11414637OT , Tod's Loafers - Women Tod's Loafers online on YOOX United Kingdom - 44994682NFBoemos Sneakers - Women Boemos Sneakers online on YOOX United Kingdom - 11388421WO , Hogan Rebel Sneakers - Women Hogan Rebel Sneakers online on YOOX United Kingdom - 11568083JG4FLOhPDi John Lobb Holme Monk Sneaker , Clearance Keen Terradora Mid WP , The highest quality material Bed Stu Larino , ladies Prada Grey Suede Formal Shoes Order welcomeWomen's Tory Burch Black Grove Wedges New designBurberry Multicolor Alf-salmond Hi Top Sneaker SneakersDolce&Gabbana Black Perforated Leather Logo Sneaker Sneakers , Christian Lacroix Beige Pearl Bow Slingbacks Sandals

Emporio Sneakers 26982 Armani Sneakers - Men Emporio Men Armani Sneakers online on YOOX United Kingdom - 11526154QN 0fab929 - tonysbshop.com

Emporio Sneakers 26982 Armani Sneakers - Men Emporio Men Armani Sneakers online on YOOX United Kingdom - 11526154QN 0fab929
Previous Next
All Headlines Back to Top
Shoes 4147754
6008648
8421942
8904181
11938244
12853845
13611422
14515138
15831618