Ruco Line Sneakers - Women - Ruco Ruco 11492151WL Line Sneakers online on YOOX United Kingdom - 11492151WL afc673c




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Ruco Line Sneakers - Women - Ruco Ruco 11492151WL Line Sneakers online on YOOX United Kingdom - 11492151WL afc673c - tonysbshop.com

    Ruco Line Sneakers - Women - Ruco Ruco 11492151WL Line Sneakers online on YOOX United Kingdom - 11492151WL afc673c
Ruco Line Sneakers - Women - Ruco Ruco 11492151WL Line Sneakers online on YOOX United Kingdom - 11492151WL afc673c

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.

Ruco Line Sneakers - Women - Ruco Ruco 11492151WL Line Sneakers online on YOOX United Kingdom - 11492151WL afc673c - 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.

Diesel Ankle Boot - Women Diesel Ankle Boots online on YOOX United Kingdom - 11534750SO , Versus Versace Sneakers - Women Versus Versace Sneakers online on YOOX United Kingdom - 11474224JD , Giuseppe Zanotti Boots - Women Giuseppe Zanotti Boots online on YOOX United Kingdom - 11445884GE , Geox Ankle Boot - Women Geox Ankle Boots online on YOOX United Kingdom - 11540446WC , Cross Walk Sandals - Women Cross Walk Sandals online on YOOX United Kingdom - 11463929KVLilimill Ankle Boot - Women Lilimill Ankle Boots online on YOOX United Kingdom - 11522444PL , Jessica Simpson Sandals - Women Jessica Simpson Sandals online on YOOX United Kingdom - 11479240GMLaura Biagiotti Sandals - Women Laura Biagiotti Sandals online on YOOX United Kingdom - 11565654BD , Susana Traca Sandals - Women Susana Traca Sandals online on YOOX United Kingdom - 11227981HC , Sam Edelman Sandals - Women Sam Edelman Sandals online on YOOX United Kingdom - 11347845DRSexy Woman Sneakers - Women Sexy Woman Sneakers online on YOOX United Kingdom - 11563625RH , Nr Rapisardi Boots - Women Nr Rapisardi Boots online on YOOX United Kingdom - 11489822LUPhilippe Model Sneakers - Women Philippe Model Sneakers online on YOOX United Kingdom - 11565560FWMarc Ellis Court - Women Marc Ellis Courts online on YOOX United Kingdom - 11533267RX , Ruco Line Sneakers - Women Ruco Line Sneakers online on YOOX United Kingdom - 11559649KW , Bottega Veneta Sneakers - Women Bottega Veneta Sneakers online on YOOX United Kingdom - 11358119GDLoretta Pettinari Sandals - Women Loretta Pettinari Sandals online on YOOX United Kingdom - 11564948QK , Frye Ankle Boot - Women Frye Ankle Boots online on YOOX United Kingdom - 11554691HJ , Tod's Ankle Boot - Women Tod's Ankle Boots online on YOOX United Kingdom - 11578941DDL'arianna Ankle Boot - Women L'arianna Ankle Boots online on YOOX United Kingdom - 11559324ES , Gianni Marra Boots - Women Gianni Marra Boots online on YOOX United Kingdom - 11543405LG , Laura Biagiotti Sandals - Women Laura Biagiotti Sandals online on YOOX United Kingdom - 11571385CQ , Ruco Line Sneakers - Women Ruco Line Sneakers online on YOOX United Kingdom - 11496125OFRoger Vivier Court - Women Roger Vivier Courts online on YOOX United Kingdom - 11184958MP , Apologie Ankle Boot - Women Apologie Ankle Boots online on YOOX United Kingdom - 11548335TB , Campomaggi Open-Toe Mules - Women Campomaggi Open-Toe Mules online on YOOX United Kingdom - 11190286UL , Stella Mccartney Sneakers - Women Stella Mccartney Sneakers online on YOOX United Kingdom - 11330963KDApologie Ankle Boot - Women Apologie Ankle Boots online on YOOX United Kingdom - 11548402IO , Cafènoir Ankle Boot - Women Cafènoir Ankle Boots online on YOOX United Kingdom - 11514983KI
Mcq Alexander Mcqueen Boots - Women Mcq Alexander Mcqueen Boots online on YOOX United Kingdom - 11238083BDGiallo Positano Flip Flops - Women Giallo Positano Flip Flops online on YOOX United Kingdom - 11579522HXDolce & Gabbana Espadrilles - Women Dolce & Gabbana Espadrilles online on YOOX United Kingdom - 11488944HBHummel Slimmer Stadil Mono Oiled Low - Sneakers - Men Hummel Sneakers online on YOOX United Kingdom - 11110371SJ , WOMEN Jones New York Black Wedges Make full use of materials , Nike Pink/Ghost Green Air Max Se 1 Sneakers , Women's Reebok Black Hayasu Sneaker Sneakers Aesthetic appearance , Liz Claiborne Natural Washed Linen Travis Sandalsladies Chloé Black Lauren Leather Pumps wear-resistantASICS GEL-EXCITE 4 - Neutral running shoes , Birkenstock ZüRICH - Slippers - mocca/khakimen's/women's Athena Alexander Cushe Heels qualityNeil Barrett Sneakers - Men Neil Barrett Sneakers online on YOOX United Kingdom - 11364733SEmens/womens MARNI Shearling Lined Sandal Sandals Highly appreciated and widely trusted in and outDeimille Court - Women Deimille Courts online on YOOX United Kingdom - 11459345GHUnützer Court - Women Unützer Courts online on YOOX United Kingdom - 11527304QDPrimabase Sneakers - Women Primabase Sneakers online on YOOX United Kingdom - 11332672KTValentino Garavani Sandals - Women Valentino Garavani Sandals online on YOOX United Kingdom - 11308499TIMoma Ankle Boot - Women Moma Ankle Boots online on YOOX United Kingdom - 11327077QU , Avril Gau Sandals - Women Avril Gau Sandals online on YOOX United Kingdom - 11434590UA , Valentino Garavani Sandals - Women Valentino Garavani Sandals online on YOOX United Kingdom - 11282207AQ , Jeffrey Campbell Sandals - Women Jeffrey Campbell Sandals online on YOOX United Kingdom - 11340472EFWOMEN Prada Silver Oxfords Wedges Elegantwoman Prada Black Leather Lug-sole Platforms Rich on-time deliveryPuma Grey Fenty Rihanna Velvet Creepers Sneakersadidas Utility Black Nmd R_1 Women Sneakers , Tamara Mellon Black Fever Suede Heels Sandals , Prada Black Platform Flip Flop Wedge Sandals , Glint Gold Leather Soles Rhinestones Ruffles Sandals , woman Jimmy Choo Nude Wedges Online sales

Ruco Line Sneakers - Women - Ruco Ruco 11492151WL Line Sneakers online on YOOX United Kingdom - 11492151WL afc673c - tonysbshop.com

Ruco Line Sneakers - Women - Ruco Ruco 11492151WL Line Sneakers online on YOOX United Kingdom - 11492151WL afc673c
Previous Next
All Headlines Back to Top
Shoes 299648
1250689
3220888
7547972
9923666
11684984
11991562
14220604
14459563