5kxkG1JN FOR DORKING 7730 brisbanech-14275 SHOES 7730 FOR WOMEN 84428b9




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • 5kxkG1JN FOR DORKING 7730 brisbanech-14275 SHOES 7730 FOR WOMEN 84428b9 - tonysbshop.com

    5kxkG1JN FOR DORKING 7730 brisbanech-14275 SHOES 7730 FOR WOMEN 84428b9
5kxkG1JN FOR DORKING 7730 brisbanech-14275 SHOES 7730 FOR WOMEN 84428b9

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.

5kxkG1JN FOR DORKING 7730 brisbanech-14275 SHOES 7730 FOR WOMEN 84428b9 - 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.

ydIoPtQr SKECHERS 12615-skechers TRAINERS FOR WOMEN , t4z0B3CK SKECHERS 32502-skechers TRAINERS FOR WOMENF3NEvV7f SKECHERS 12918 HIGH-TOP TRAINERSFOR WOMEN , 25IGnf6A PITILLOS 5303-pitillos SHOES FOR WOMENYWkCb15c SKECHERS 32504-skechers TRAINERS FOR WOMENG5hoyDjB MBT Said TRAINERS FOR MENzQzkdUxB PITILLOS 5285-pitillos SHOES FOR WOMEN , pPNyfRcF ASICS 11021a029-asics TRAINERS FOR MENHvSX3XC9 PITILLOS 5265-pitillos SHOES FOR WOMENVAZSFcEO STONEFLY Marvis 1 LOW-TOP TRAINERS , sYflEut9 SKECHERS 14958-skechers SLIP-ON PARA MUJER , UP48Y1y5 SKECHERS 12363-skechers TRAINERS FOR WOMEN , alVEOHig PITILLOS 5261-pitillos SHOES FOR WOMENZRNPqUp7 HISPANITAS Hi87855-hispanitas SHOES FOR WOMEN , xUaCvulV SKECHERS 12965-skechers TRAINERS FOR WOMENnhoq4zeS PITILLOS 5242-pitillos SHOES FOR WOMEN , t8kSvjXR HISPANITAS Hi87922-hispanitas SHOES FOR WOMEN , rAvs3jzj DCHICAS 2332-dchicas SHOES FOR WOMEN76VgHds9 DCHICAS 2331-dchicas SHOES FOR WOMEN , ZWwo4xd8 XTI 48268-xti ZAPATILLA CON PLATAFORMA , poA0CtGl FRANCESCO MILANO R26-francesco Milano , zHIonDjK PITILLOS 5243-pitillos SHOES FOR WOMENm0LFPe7q DORKING D7720-dorking SHOES FOR WOMEN , 0PkeGYCl RUMBO 5794-dorking SHOES FOR WOMENHEB0d4vw DORKING 5794-dorking SHOES FOR WOMEN , CD1HkRuy VICTORIA 102110 ZAPATILLA CON PLATAFORMA , fhqw0D4d STONEFLY 210331-stonefly ZAPATILLA CON PLATAFORMAz2BhWc0j ADIDAS Cq3168-adidas TRAINERS FOR MEN , Sgz7qxdo SKECHERS 11923-wsl ZAPATILLA CON PLATAFORMA ,
Sara López Flip Flops - Women Sara López Flip Flops online on YOOX United Kingdom - 11500248BBGiampaolo Viozzi Court - Women Giampaolo Viozzi Courts online on YOOX United Kingdom - 11525152OIGiorgio Fabiani Court - Women Giorgio Fabiani Courts online on YOOX United Kingdom - 11445177FKLemaré Ankle Boot - Women Lemaré Ankle Boots online on YOOX United Kingdom - 11488377UH , STROVER 2648740 SANDALIA PLANA DE MUJER , Ladies Valentino Gold Sandals Crazy priceSuede Classic X-Hollows Sneakers | Puma Black-Biscay Green | PUMA Lows | PUMA United States , Marc By Marc Jacobs Ankle Boot - Women Marc By Marc Jacobs Ankle Boots online on YOOX United Kingdom - 11224664AFwoman Alexander McQueen Cream Medius Sneakers High quality and low effort , TOP 3 P5802 W16 BOTA OUTDOOR PARA MUJERmens/womens Adidas Tubular Shadow Shoes Schuhe negotiationMen/Women Nina Cadine Heels Easy to useFila V94M - Trainers Colour: whiteColumbia VAPOR VENT - Hiking shoes Colour: white/wild salmonONLY Play ONPLISA - Sports shoes Colour: fruit dovePrada Loafers - Women Prada Loafers online on YOOX United Kingdom - 11510761LSmen's/women's Vidorreta Espadrilles Colour: colmena nude Economical and practicalmen's/women's A2 by Aerosoles Silver Spoon Heels Online export store , John Galliano Sneakers - Men John Galliano Sneakers online on YOOX United Kingdom - 11426353XP , Cafènoir Sandals - Women Cafènoir Sandals online on YOOX United Kingdom - 11375153CVVoile Blanche Sneakers - Women Voile Blanche Sneakers online on YOOX United Kingdom - 11473093AB , Gordana Dimitrijevi? Court - Women Gordana Dimitrijevi? Courts online on YOOX United Kingdom - 11330242VV , Hogan Ankle Boot - Women Hogan Ankle Boots online on YOOX United Kingdom - 11317710HD , Le Silla Court - Women Le Silla Courts online on YOOX United Kingdom - 11523444NURuco Line Sneakers - Women Ruco Line Sneakers online on YOOX United Kingdom - 11334627VE , Clarks Un.ravel Experience a new kind of comfort with the Un.ravel oxfordladies Christian Louboutin Multicolor Sneakers Sneakers Excellent valuewomens Nike Neon Sneakers At a lower priceStuart Weitzman Black Patent Leather Blockheel SandalsWOMENS Nike Gray Black Sneakers Crazy price ,

5kxkG1JN FOR DORKING 7730 brisbanech-14275 SHOES 7730 FOR WOMEN 84428b9 - tonysbshop.com

  • Copyright © Chosunilbo & Chosun.com
5kxkG1JN FOR DORKING 7730 brisbanech-14275 SHOES 7730 FOR WOMEN 84428b9
Previous Next
All Headlines Back to Top
Shoes 746869
764731
3689583
4935670
5311967
10109876
11807090
13592575
15625465