Adidas - Dune red London SAKURAA - SAKURAA Boots - red 0755d5e




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Adidas - Dune red London SAKURAA - SAKURAA Boots - red 0755d5e - tonysbshop.com

    Adidas - Dune red London SAKURAA - SAKURAA Boots - red 0755d5e
Adidas - Dune red London SAKURAA - SAKURAA Boots - red 0755d5e

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.

Adidas - Dune red London SAKURAA - SAKURAA Boots - red 0755d5e - 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.

Adidas Birkenstock BAKKI - Ankle boots - graphite , Adidas mint&berry Ankle strap ballet pumps - greenAdidas Vans ULTRARANGE 3D - Trainers - black/whiteAdidas Vidorreta High heeled ankle boots - topoAdidas Ted Baker ALBET - Trainers - berryAdidas L37 SUPER NOVA - Boots - blackAdidas New Balance MS574 - Trainers - black , Adidas Esprit UNIQUE - High-top trainers - greyAdidas Puma THUNDER ELECTRIC - Trainers - grey , Adidas Marcel Ostertag x Tamaris Trainers - black , Adidas Reebok Classic Trainers - deep sea/metallic fuji/white , Adidas Neosens ROCOCO - Ankle boots - ceriseAdidas Skechers SYNERGY - Slip-ons - blackAdidas Coolway JUNO - Ankle boots - black , Adidas Office AMBASSADOR - Cowboy/Biker boots - black , Adidas Geox CARUM - High-top trainers - black , Adidas New Balance ML373 - Trainers - green , Adidas Birkenstock MYRA - Ankle boots - black , Adidas LEMON JELLY DEVON - Wellies - rose , Adidas Clarks GLOVE ECHO - Trainers - aubergineAdidas H?gl Classic ankle boots - dark blue , Adidas TOM TAILOR DENIM Cowboy/Biker boots - blackAdidas Vagabond ZOE - Ankle boots - indigo/black , Adidas Birkenstock ARIZONA - Mules - graceful licoriceAdidas Unisa ORZAS - Ankle boots - black , Adidas KangaROOS RETRO RUN - Trainers - whiteAdidas Puma BASKET BOW - Slip-ons - pearlAdidas Felmini SERPA - Cowboy/Biker boots - cognacAdidas New Balance WL574 - Trainers - castlerock ,
Juli Pascal Paris Sandals - Women Juli Pascal Paris Sandals online on YOOX United Kingdom - 11455238KL , Catarina Martins Ankle Boot - Women Catarina Martins Ankle Boots online on YOOX United Kingdom - 11548497QO , L' Autre Chose Loafers - Women L' Autre Chose Loafers online on YOOX United Kingdom - 11371795NS , Saucony Shadow Original - Sneakers - Men Saucony Sneakers online on YOOX United Kingdom - 11446771PARockport DresSports 2 Fast Marathon LTDDADá S042100950msj PLATFORM ESPADRILLES FOR WOMENwomens Bandolino Brown Wedges Attractive fashionNew Balance 580 Winter Cordura Pack - Sneakers - Men New Balance Sneakers online on YOOX United Kingdom - 11393274PC , Saint-Honoré Paris Souliers Ballet Flats - Women Saint-Honoré Paris Souliers Ballet Flats online on YOOX United Kingdom - 11168842NM , Adam Tucker Slate Grey Sneaker Lucy Leather Sneakers , LADY Pierre Hardy Sandals High quality and cheapGeox MYRIA - High-top trainers Colour: black , Merrell FLEX LUNA - Hiking shoesHunter Original Floral Stripe Adjustable SlideLacoste | Lacoste Lerond BL 2 sneakers in black canvasMen/Women élysèss Ankle boots Colour: afelpado New design , Peter Kaiser MAIKA - Classic heels Colour: schwarz giulia , man/woman Steve Madden Adore Sandals Year-end special promotions , men/women CC Corso Como Hoffman Boots International choice , Etnies FADER LS - Trainers - blackCafènoir Sneakers - Women Cafènoir Sneakers online on YOOX United Kingdom - 11514835KW , Loriblu Loafers - Women Loriblu Loafers online on YOOX United Kingdom - 11423356IT , Lotto Leggenda Sneakers - Women Lotto Leggenda Sneakers online on YOOX United Kingdom - 11384656TASergio Rossi Sandals - Women Sergio Rossi Sandals online on YOOX United Kingdom - 11198117GBVicini Tapeet Sandals - Women Vicini Tapeet Sandals online on YOOX United Kingdom - 11394752FS , Santoni Ankle Boot - Women Santoni Ankle Boots online on YOOX United Kingdom - 11501665CG , Lucente Gold /Metallaic Blue Sneakers SneakersPrada Brown Kitten Heel Fabric Sandalsadidas X Yeezy Black/White Boost 350 Zebra Sneakers , J.Crew Silver Cary Mini-wedge Sandler In Glitter Sandals ,

Adidas - Dune red London SAKURAA - SAKURAA Boots - red 0755d5e - tonysbshop.com

  • Copyright © Chosunilbo & Chosun.com
Adidas - Dune red London SAKURAA - SAKURAA Boots - red 0755d5e
Previous Next
All Headlines Back to Top
Shoes 2806081
4831139
7518734
9057834
12090906
12534293
14475108
14724456
17818009