Guess Espadrilles - Women 11527844PS Guess - Espadrilles Espadrilles online on YOOX United Kingdom - 11527844PS b9692d3




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Guess Espadrilles - Women 11527844PS Guess - Espadrilles Espadrilles online on YOOX United Kingdom - 11527844PS b9692d3 - tonysbshop.com

    Guess Espadrilles - Women 11527844PS Guess - Espadrilles Espadrilles online on YOOX United Kingdom - 11527844PS b9692d3
Guess Espadrilles - Women 11527844PS Guess - Espadrilles Espadrilles online on YOOX United Kingdom - 11527844PS b9692d3

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 Espadrilles - Women 11527844PS Guess - Espadrilles Espadrilles online on YOOX United Kingdom - 11527844PS b9692d3 - 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.

Unisa Court - Women Unisa Courts online on YOOX United Kingdom - 11274820DG , Soldini Loafers - Women Soldini Loafers online on YOOX United Kingdom - 11543488IKSo?Queen Sneakers - Women So?Queen Sneakers online on YOOX United Kingdom - 11499702MG , Cult Loafers - Women Cult Loafers online on YOOX United Kingdom - 11298829QRChocolà Loafers - Women Chocolà Loafers online on YOOX United Kingdom - 11529607XOGuess Sandals - Women Guess Sandals online on YOOX United Kingdom - 11400561CPCafènoir Sneakers - Women Cafènoir Sneakers online on YOOX United Kingdom - 11515776CP , Calpierre Court - Women Calpierre Courts online on YOOX United Kingdom - 11458984XDCafènoir Sneakers - Women Cafènoir Sneakers online on YOOX United Kingdom - 11515904BA , Lagoa Sneakers - Women Lagoa Sneakers online on YOOX United Kingdom - 11361137RJ , Nike Sneakers - Women Nike Sneakers online on YOOX United Kingdom - 11262205FR , Geox Sandals - Women Geox Sandals online on YOOX United Kingdom - 11202516BORas Court - Women Ras Courts online on YOOX United Kingdom - 11536447XP , Calpierre Court - Women Calpierre Courts online on YOOX United Kingdom - 11459822LA , P448 Sneakers - Women P448 Sneakers online on YOOX United Kingdom - 11521375BN , Vicini Court - Women Vicini Courts online on YOOX United Kingdom - 11511062SN , Scardavi Sandals - Women Scardavi Sandals online on YOOX United Kingdom - 11525243IX , Guess Sandals - Women Guess Sandals online on YOOX United Kingdom - 11394316VN , Cuplé Sneakers - Women Cuplé Sneakers online on YOOX United Kingdom - 11542872OH , Pinko Sneakers - Women Pinko Sneakers online on YOOX United Kingdom - 11286668SO , Nike Sneakers - Women Nike Sneakers online on YOOX United Kingdom - 11539114HLGuess Sandals - Women Guess Sandals online on YOOX United Kingdom - 11383068VWCharme Sandals - Women Charme Sandals online on YOOX United Kingdom - 11454805SDAsh Sandals - Women Ash Sandals online on YOOX United Kingdom - 11170058BMScardavi Sandals - Women Scardavi Sandals online on YOOX United Kingdom - 11525168JXElata Loafers - Women Elata Loafers online on YOOX United Kingdom - 11501910XE , Unisa Loafers - Women Unisa Loafers online on YOOX United Kingdom - 11525055KTP448 Sneakers - Women P448 Sneakers online on YOOX United Kingdom - 11339372OL , D.A.T.E. Sneakers - Women D.A.T.E. Sneakers online on YOOX United Kingdom - 11518272LF ,
Donna Più Ankle Boot - Women Donna Più Ankle Boots online on YOOX United Kingdom - 11502843NPStuart Weitzman Ankle Boot - Women Stuart Weitzman Ankle Boots online on YOOX United Kingdom - 11505088IORag & Bone Sneakers - Women Rag & Bone Sneakers online on YOOX United Kingdom - 11572499XNUnder Armour UA Charged Bandit 4WOMEN Salvatore Ferragamo Nero Patentcalf Sandals Easy to handleCLARKS Alitay Giana FASHION FOOTWEAR FOR WOMEN , men's/women's Steve Madden Mindy Heels Louis, elaborateMen/Women Via Spiga Tricia Boots durablemen's/women's Comfortiva Fayann Sandals Various goodss.Oliver T-bar sandals - navy/redDiesel MAGNETE S-EXPOSURE CMC W - High-top trainersBirkenstock BOSTON - Slippers - asphalt offwhite , Dune London ORRA - Ankle boots Colour: multicolorAdidas Salomon XA PRO 3D GTX - Trail running shoes - hollyhockKudetà Loafers - Women Kudetà Loafers online on YOOX United Kingdom - 11540007OETangerine Sandals - Women Tangerine Sandals online on YOOX United Kingdom - 44921024CK , Mally Boots - Women Mally Boots online on YOOX United Kingdom - 11311630FF , Gaimo Sandals - Women Gaimo Sandals online on YOOX United Kingdom - 11447089UWRoger Vivier Loafers - Women Roger Vivier Loafers online on YOOX United Kingdom - 11504034RF , Pantofola D'oro Sneakers - Men Pantofola D'oro Sneakers online on YOOX United Kingdom - 11569806JUwomens Bernardo Peachy Orange Sandals UniqueMkEbfdCZ YOKONO Tilsa-009 SHOES FOR WOMENFamous store Eileen Fisher Willow 2 , Direct business etnies Scout XT , Black Granturismo Genuine Suede Leather Low Top Mens Driving Sneakerswoman Dansko Black Strappy Leather Sandals Stylish and funny , ladies Giuseppe Zanotti Silver New Pumps Very good colorAttilio Giusti Leombruni Pewter D608106 with Studs SandalsLadies Valentino Metallic Gold/Bronze Bow Wedges Most economical , LADY Vince Black Adley Sandals Professional design ,

Guess Espadrilles - Women 11527844PS Guess - Espadrilles Espadrilles online on YOOX United Kingdom - 11527844PS b9692d3 - tonysbshop.com

Guess Espadrilles - Women 11527844PS Guess - Espadrilles Espadrilles online on YOOX United Kingdom - 11527844PS b9692d3
Previous Next
All Headlines Back to Top
Shoes 1197909
3755501
6432256
10093959
10273098
11073619
11451501
13000664
14046732