Jeffrey Campbell Sneakers United - Women Jeffrey YOOX Campbell brisbanech-26952 Sneakers online on YOOX United Kingdom - 11578364SM 27db909




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Jeffrey Campbell Sneakers United - Women Jeffrey YOOX Campbell brisbanech-26952 Sneakers online on YOOX United Kingdom - 11578364SM 27db909 - tonysbshop.com

    Jeffrey Campbell Sneakers United - Women Jeffrey YOOX Campbell brisbanech-26952 Sneakers online on YOOX United Kingdom - 11578364SM 27db909
Jeffrey Campbell Sneakers United - Women Jeffrey YOOX Campbell brisbanech-26952 Sneakers online on YOOX United Kingdom - 11578364SM 27db909

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.

Jeffrey Campbell Sneakers United - Women Jeffrey YOOX Campbell brisbanech-26952 Sneakers online on YOOX United Kingdom - 11578364SM 27db909 - 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.

Pantofola D'oro Sneakers - Women Pantofola D'oro Sneakers online on YOOX United Kingdom - 11570030QJ , Divine Follie Sandals - Women Divine Follie Sandals online on YOOX United Kingdom - 11515981IVPhilippe Model Sneakers - Women Philippe Model Sneakers online on YOOX United Kingdom - 11565580PADivine Follie Sandals - Women Divine Follie Sandals online on YOOX United Kingdom - 11570274OG , La Siesta Espadrilles - Women La Siesta Espadrilles online on YOOX United Kingdom - 11574769IJN° 21 Loafers - Women N° 21 Loafers online on YOOX United Kingdom - 11568848EH , Laura Biagiotti Sneakers - Women Laura Biagiotti Sneakers online on YOOX United Kingdom - 11565665BA , Divine Follie Sandals - Women Divine Follie Sandals online on YOOX United Kingdom - 11570644LG , Stuart Weitzman Sandals - Women Stuart Weitzman Sandals online on YOOX United Kingdom - 11583938EFCamper Ankle Boot - Women Camper Ankle Boots online on YOOX United Kingdom - 11574624DGMadden Girl Sandals - Women Madden Girl Sandals online on YOOX United Kingdom - 11570211DKLaura Biagiotti Sandals - Women Laura Biagiotti Sandals online on YOOX United Kingdom - 11566533NSPepe Jeans Boots - Women Pepe Jeans Boots online on YOOX United Kingdom - 11577879IXGarrice Ankle Boot - Women Garrice Ankle Boots online on YOOX United Kingdom - 11559784HV , Donna Italia Sandals - Women Donna Italia Sandals online on YOOX United Kingdom - 11571508LX , Roger Vivier Sandals - Women Roger Vivier Sandals online on YOOX United Kingdom - 11501099SPCasadei Ankle Boot - Women Casadei Ankle Boots online on YOOX United Kingdom - 11562597PC , Casadei Ankle Boot - Women Casadei Ankle Boots online on YOOX United Kingdom - 11563106TRKallistè Open-Toe Mules - Women Kallistè Open-Toe Mules online on YOOX United Kingdom - 11560310SGIkaros Ankle Boot - Women Ikaros Ankle Boots online on YOOX United Kingdom - 11546862NDPaloma Barceló Boots - Women Paloma Barceló Boots online on YOOX United Kingdom - 11510220PG , Preventi Ankle Boot - Women Preventi Ankle Boots online on YOOX United Kingdom - 11558471MM , Roberto Festa Court - Women Roberto Festa Courts online on YOOX United Kingdom - 11544976KKAlexander Mcqueen Sandals - Women Alexander Mcqueen Sandals online on YOOX United Kingdom - 11528303DWPhilippe Model Sneakers - Women Philippe Model Sneakers online on YOOX United Kingdom - 11562743CDXti Ankle Boot - Women Xti Ankle Boots online on YOOX United Kingdom - 11548035PQRoger Vivier Court - Women Roger Vivier Courts online on YOOX United Kingdom - 11504249JELotto Leggenda Sneakers - Women Lotto Leggenda Sneakers online on YOOX United Kingdom - 11558751ATCamper Ankle Boot - Women Camper Ankle Boots online on YOOX United Kingdom - 11555257LF
Tosca Blu Shoes Loafers - Women Tosca Blu Shoes Loafers online on YOOX United Kingdom - 11468174LH , ••• Made In Italia Court - Women ••• Made In Italia Courts online on YOOX United Kingdom - 11536932NASkechers EZ FLEX 3.0 BEAUTIFY WhiteIrregular Choice LITTLE PEACHES Green , L'artigiano Lucchese Flip Flops - Women L'artigiano Lucchese Flip Flops online on YOOX United Kingdom - 11152868GWwoman Stella McCartney Denim Blue Wedges Modern technology , Wolverine Buccaneer Mulishox Countour Welt Waterproof Wellingtonmens/womens Stuart Weitzman Realdeal Heels General product , Adidas H?gl Classic heels - blackman/woman Steve Madden Trevur Boots auctionman/woman RAYE Tori Boots Excellent valuemen's/women's Natural Soul Devote Heels delicateAdidas Tosca Blu VILNIUS - Classic heels - nero , Dorothy Perkins Wide Fit WIDE FIT CARMEL - Espadrilles , Adidas Bianco PENNY - Slip-ons - blackRAID LUISA - Classic ankle boots Colour: blackDsquared2 Loafers - Women Dsquared2 Loafers online on YOOX United Kingdom - 11549638LE , Diemme Sneakers - Men Diemme Sneakers online on YOOX United Kingdom - 11558753WG , Men/Women Charles by Charles David Juno Heels Contrary to the same paragraph , Anaki Sandals - Women Anaki Sandals online on YOOX United Kingdom - 11431378WS , Cafènoir Sandals - Women Cafènoir Sandals online on YOOX United Kingdom - 11144241OL , Raparo Loafers - Women Raparo Loafers online on YOOX United Kingdom - 11419597GN , Roberto Cavalli Sneakers - Women Roberto Cavalli Sneakers online on YOOX United Kingdom - 11478551TM , Adidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11561725HAReasonable price Corral Boots A3149Preferred material Old Gringo Razkamelozipper , Consumer first Taryn Rose Blythe , Known for its excellent quality Ariat Match Up , women Givenchy Pink Jelly Sandals Nice color , ladies Valentino Black Sling Pumps Nice appearance

Jeffrey Campbell Sneakers United - Women Jeffrey YOOX Campbell brisbanech-26952 Sneakers online on YOOX United Kingdom - 11578364SM 27db909 - tonysbshop.com

Jeffrey Campbell Sneakers United - Women Jeffrey YOOX Campbell brisbanech-26952 Sneakers online on YOOX United Kingdom - 11578364SM 27db909
Previous Next
All Headlines Back to Top
Shoes 92158
680015
1171297
2678248
3294721
6379253
11963003
14754435
16705850