Elisabetta Franchi Kingdom Ankle 23050 Boot - Elisabetta Women Elisabetta Franchi Ankle Boots online on YOOX United Kingdom - 11537835DN 8ba60ca




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Elisabetta Franchi Kingdom Ankle 23050 Boot - Elisabetta Women Elisabetta Franchi Ankle Boots online on YOOX United Kingdom - 11537835DN 8ba60ca - tonysbshop.com

    Elisabetta Franchi Kingdom Ankle 23050 Boot - Elisabetta Women Elisabetta Franchi Ankle Boots online on YOOX United Kingdom - 11537835DN 8ba60ca
Elisabetta Franchi Kingdom Ankle 23050 Boot - Elisabetta Women Elisabetta Franchi Ankle Boots online on YOOX United Kingdom - 11537835DN 8ba60ca

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.

Elisabetta Franchi Kingdom Ankle 23050 Boot - Elisabetta Women Elisabetta Franchi Ankle Boots online on YOOX United Kingdom - 11537835DN 8ba60ca - 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.

Cesare Paciotti Ankle Boot - Women Cesare Paciotti Ankle Boots online on YOOX United Kingdom - 11505103KIWalter Steiger Ankle Boot - Women Walter Steiger Ankle Boots online on YOOX United Kingdom - 11500743JO , Liu ?Jo Shoes Sandals - Women Liu ?Jo Shoes Sandals online on YOOX United Kingdom - 11505155RR , Windsor Smith Ankle Boot - Women Windsor Smith Ankle Boots online on YOOX United Kingdom - 11523234OS , Cris Vergré Ankle Boot - Women Cris Vergré Ankle Boots online on YOOX United Kingdom - 11512301QJ , Elena Iachi Ankle Boot - Women Elena Iachi Ankle Boots online on YOOX United Kingdom - 11502441RSAnna Fidanza Ankle Boot - Women Anna Fidanza Ankle Boots online on YOOX United Kingdom - 11492075DVAlexander Mcqueen Ankle Boot - Women Alexander Mcqueen Ankle Boots online on YOOX United Kingdom - 11510640MVPaloma Barceló Ankle Boot - Women Paloma Barceló Ankle Boots online on YOOX United Kingdom - 11485707FIPaloma Barceló Ankle Boot - Women Paloma Barceló Ankle Boots online on YOOX United Kingdom - 11512980PJNr Rapisardi Ballet Flats - Women Nr Rapisardi Ballet Flats online on YOOX United Kingdom - 11503549SIKendall + Kylie Sandals - Women Kendall + Kylie Sandals online on YOOX United Kingdom - 11483878LX , Alberto Guardiani Ankle Boot - Women Alberto Guardiani Ankle Boots online on YOOX United Kingdom - 11497964DC , Alexander Wang Ankle Boot - Women Alexander Wang Ankle Boots online on YOOX United Kingdom - 11491690JD , Liu ?Jo Ankle Boot - Women Liu ?Jo Ankle Boots online on YOOX United Kingdom - 11472340HLAlexander Mcqueen Flip Flops - Women Alexander Mcqueen Flip Flops online on YOOX United Kingdom - 11478465TS , Liu ?Jo Ankle Boot - Women Liu ?Jo Ankle Boots online on YOOX United Kingdom - 11498927HC , Ernesto Dolani Ankle Boot - Women Ernesto Dolani Ankle Boots online on YOOX United Kingdom - 11498936LF , The Seller Ankle Boot - Women The Seller Ankle Boots online on YOOX United Kingdom - 11504371POPoetic Licence Ankle Boot - Women Poetic Licence Ankle Boots online on YOOX United Kingdom - 11482080PK , Marc Jacobs Ballet Flats - Women Marc Jacobs Ballet Flats online on YOOX United Kingdom - 11495503BU , Bruno Bordese Ankle Boot - Women Bruno Bordese Ankle Boots online on YOOX United Kingdom - 11493309RB , Pura López Ankle Boot - Women Pura López Ankle Boots online on YOOX United Kingdom - 11482115QU , Sam Edelman Flip Flops - Women Sam Edelman Flip Flops online on YOOX United Kingdom - 11462811KBPomme D'or Ankle Boot - Women Pomme D'or Ankle Boots online on YOOX United Kingdom - 11497466PV , The Seller Ankle Boot - Women The Seller Ankle Boots online on YOOX United Kingdom - 11500473FT , Del Carlo Ankle Boot - Women Del Carlo Ankle Boots online on YOOX United Kingdom - 11498039DJShoe Bizz Paris Court - Women Shoe Bizz Paris Courts online on YOOX United Kingdom - 11495478FA , Marie Elodie Ankle Boot - Women Marie Elodie Ankle Boots online on YOOX United Kingdom - 11502334XC ,
Liu ?Jo Shoes Sandals - Women Liu ?Jo Shoes Sandals online on YOOX United Kingdom - 11362486OGVans Ua Authentic - Sneakers - Men Vans Sneakers online on YOOX United Kingdom - 11559892HO , u4lJJoiF men/women Roxy Inka Sandals CharacteristicsPuma X Trapstar Basket White X Trapstar - Sneakers - Men Puma X Trapstar Sneakers online on YOOX United Kingdom - 11094915GIKendall + Kylie Kktiaa - Ankle Boot - Women Kendall + Kylie Ankle Boots online on YOOX United Kingdom - 11572051IVTerry De Havilland Ankle Boot - Women Terry De Havilland Ankle Boots online on YOOX United Kingdom - 11482554JUwoman Christian Louboutin Nude Materna Pumps At an affordable price , REFRESH 63885 Antelina Navy FASHION FOOTWEAR FOR WOMEN , DONNA PIU 180 FASHION SANDALS FOR WOMEN , Air max guile trainers , black/white, NikeMillet TRIDENT - Hiking shoes Colour: poseidon/orangeK-SWISS RECEIVER IV CARPET - Indoor tennis shoes Colour: white/highrise , D glynna np abx ankle boots , brown, Geox , LK Bennett NOVA - High heels Colour: black raspberrymen/women Polo Ralph Lauren Wyndings-S Loafers Outstanding stylemen/women Gordon Rush Williamson Oxfords In short supply , Adidas Pepe Jeans DEVON STRAPS - Ankle boots - black , Pantofola D'oro Loafers - Men Pantofola D'oro Loafers online on YOOX United Kingdom - 44988086DB , Plein Sport Sneakers - Men Plein Sport Sneakers online on YOOX United Kingdom - 11505339QC , Hogan Ankle Boot - Women Hogan Ankle Boots online on YOOX United Kingdom - 11567883HSLola Cruz Sandals - Women Lola Cruz Sandals online on YOOX United Kingdom - 11324236CEMarco Barbabella Court - Women Marco Barbabella Courts online on YOOX United Kingdom - 11342229WU , Tory Burch Court - Women Tory Burch Courts online on YOOX United Kingdom - 11556462GMNike Green Zoom Air Sneaker Sneakers , Ladies Espradille 'mylene' Wedges Fair priceb3yrzq6F Sanita Smart Step Professional SirenArche Elexor The Arche Elexor is a "Wow" statement right from the get go , women YEEZY Beluga 2.0 Sneakers New varieties are introducedLADY Valentino Black Rockstud Slide Sandals Sale online storeLadies Emilio Pucci Yellow Pattern Wedges Good market ,

Elisabetta Franchi Kingdom Ankle 23050 Boot - Elisabetta Women Elisabetta Franchi Ankle Boots online on YOOX United Kingdom - 11537835DN 8ba60ca - tonysbshop.com

Elisabetta Franchi Kingdom Ankle 23050 Boot - Elisabetta Women Elisabetta Franchi Ankle Boots online on YOOX United Kingdom - 11537835DN 8ba60ca
Previous Next
All Headlines Back to Top
Shoes 695731
1867956
5860976
5898229
9100506
14858963
14969979
15354901
18347640