Strategia Sandals - on Women Strategia Sandals online on online YOOX Strategia United Kingdom - 11459734GX 0c10292




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Strategia Sandals - on Women Strategia Sandals online on online YOOX Strategia United Kingdom - 11459734GX 0c10292 - tonysbshop.com

    Strategia Sandals - on Women Strategia Sandals online on online YOOX Strategia United Kingdom - 11459734GX 0c10292
Strategia Sandals - on Women Strategia Sandals online on online YOOX Strategia United Kingdom - 11459734GX 0c10292

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.

Strategia Sandals - on Women Strategia Sandals online on online YOOX Strategia United Kingdom - 11459734GX 0c10292 - 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.

Rkkr Sneakers - Women Rkkr Sneakers online on YOOX United Kingdom - 11476451UJSo?Queen Sneakers - Women So?Queen Sneakers online on YOOX United Kingdom - 11493172EX , D’Acquasparta Sneakers - Women D’Acquasparta Sneakers online on YOOX United Kingdom - 11171782QD , Roccobarocco Sneakers - Women Roccobarocco Sneakers online on YOOX United Kingdom - 11455558GASalomon Sneakers - Women Salomon Sneakers online on YOOX United Kingdom - 11399461FH , Vans Sneakers - Women Vans Sneakers online on YOOX United Kingdom - 11315293BESuperga® Espadrilles - Women Superga® Espadrilles online on YOOX United Kingdom - 11206333UUD’Acquasparta Sneakers - Women D’Acquasparta Sneakers online on YOOX United Kingdom - 11171798QBD’Acquasparta Sneakers - Women D’Acquasparta Sneakers online on YOOX United Kingdom - 11171785IKTiffi Sandals - Women Tiffi Sandals online on YOOX United Kingdom - 11495650GV , Stiledivita Sneakers - Women Stiledivita Sneakers online on YOOX United Kingdom - 11465053DWIoannis Sneakers - Women Ioannis Sneakers online on YOOX United Kingdom - 11175320RIStiledivita Sneakers - Women Stiledivita Sneakers online on YOOX United Kingdom - 11465121AIEzzio Court - Women Ezzio Courts online on YOOX United Kingdom - 11533649MHSchutz Court - Women Schutz Courts online on YOOX United Kingdom - 11531463TKGuess Court - Women Guess Courts online on YOOX United Kingdom - 11483553ST , Victoria Sneakers - Women Victoria Sneakers online on YOOX United Kingdom - 11527941NVCuoieria Court - Women Cuoieria Courts online on YOOX United Kingdom - 11359086PFEspadrilles Espadrilles - Women Espadrilles Espadrilles online on YOOX United Kingdom - 11498636FQ , Stiledivita Loafers - Women Stiledivita Loafers online on YOOX United Kingdom - 11464931SB , Suky Sandals - Women Suky Sandals online on YOOX United Kingdom - 11493222QTAsics Sneakers - Women Asics Sneakers online on YOOX United Kingdom - 11521218CO2Star Sneakers - Women 2Star Sneakers online on YOOX United Kingdom - 11049102PDAntidoti Sandals - Women Antidoti Sandals online on YOOX United Kingdom - 11495155JJCafènoir Sandals - Women Cafènoir Sandals online on YOOX United Kingdom - 11380617GOSara Sandals - Women Sara Sandals online on YOOX United Kingdom - 11467682CEVicenza) Sandals - Women Vicenza) Sandals online on YOOX United Kingdom - 11409829IC , Napoleoni Sandals - Women Napoleoni Sandals online on YOOX United Kingdom - 11464735VC , Panella Sandals - Women Panella Sandals online on YOOX United Kingdom - 11474249AH ,
Locker 41 Ankle Boot - Women Locker 41 Ankle Boots online on YOOX United Kingdom - 11527492FD , Escada Sport Ankle Boot - Women Escada Sport Ankle Boots online on YOOX United Kingdom - 11556403VASteve Madden Ankle Boot - Women Steve Madden Ankle Boots online on YOOX United Kingdom - 11467705HL , Jack & Jones Boots - Men Jack & Jones Boots online on YOOX United Kingdom - 11368358QV , woman Cole Haan Turquoise New Sandals Various current designsStuart Weitzman Black Suede Landslide Slide Sandals , Merrell VAPOR GLOVE 3 LUNA - TrainersConverse Chuck Taylor All Star Modern Perforated Leathermens/womens Caprice Slip-ons Elegant appearance , man/woman J. Renee Franca Heels Pleasant appearance , Sol Sana FRANCIS HEEL - High heeled sandals Colour: blackmen/women Kenneth Cole New York Rima Boots Rich designOne star og low top trainers , navy, ConverseIvy Park EMBOSSED LOGO SLIDER - Mules Colour: eggshell , men's/women's Chinese Laundry Brenda Boots Suitable for color , Adidas Tamaris Ankle boots - black uni , ecco TRACE LITE - Winter boots Colour: blackBalenciaga Boots - Men Balenciaga Boots online on YOOX United Kingdom - 11439326AHmen's/women's PUMA Fierce Rope VR Sneakers & Athletic PUMA professional design , Ben Sherman Boots - Men Ben Sherman Boots online on YOOX United Kingdom - 11517224WI , Santoni Sandals - Women Santoni Sandals online on YOOX United Kingdom - 11472525RDCaiman Court - Women Caiman Courts online on YOOX United Kingdom - 11552448JCN° 21 Sneakers - Women N° 21 Sneakers online on YOOX United Kingdom - 11569650TGA4YaOfIC lady Nike Airmax Sneakers DiscountInternational choice Saucony Triumph ISO 3 , Stylish and fun Soft Style Ginny , Let our goods go to the world SWIMS Breeze Pennyproduct quality Dr. Martens Talibadidas White By Raf Simons Raf Simons Stan Smith Fashion Sneakers 927 Vinta Sneakers , woman Dolce Vita Black Sanja Wedges Reliable reputation

Strategia Sandals - on Women Strategia Sandals online on online YOOX Strategia United Kingdom - 11459734GX 0c10292 - tonysbshop.com

Strategia Sandals - on Women Strategia Sandals online on online YOOX Strategia United Kingdom - 11459734GX 0c10292
Previous Next
All Headlines Back to Top
Shoes 10055549
10396870
15878720
15909325
16198875
16722374
16893902
17171746
17715904