Pull&Bear | suede Pull&Bear suede block Pull&Bear heeled heeled boot 143ec79

China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Pull&Bear | suede Pull&Bear suede block Pull&Bear heeled heeled boot 143ec79 - tonysbshop.com

    Pull&Bear | suede Pull&Bear suede block Pull&Bear heeled heeled boot 143ec79
Pull&Bear | suede Pull&Bear suede block Pull&Bear heeled heeled boot 143ec79

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.

Pull&Bear | suede Pull&Bear suede block Pull&Bear heeled heeled boot 143ec79 - 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.

Adidas Felmini Cowboy/Biker boots - cognac , Adidas PERLATO Classic heels - pietraAdidas PERLATO Classic heels - fuxiaAdidas mint&berry Ankle boots - nude , Adidas Toral Ankle boots - creta/rojo , Adidas Gabor Wedges - dark grey , Adidas Tamaris Classic heels - navyAdidas Tamaris Ankle boots - sangria , Adidas TOM TAILOR Trainers - khaki , Adidas Toral High heels - camelAdidas Tamaris Ankle boots - cognac , Adidas Marc O'Polo Slip-ons - bordo , Adidas Tamaris Boots - navy glam , Adidas A.S.98 Cowboy/Biker boots - nebbia , Adidas Pepen Sole Trainers - blackAdidas Selected Femme Sandals - blackAdidas KIOMI Sandals - light blueAdidas Versace Jeans Trainers - black/gold , Adidas LAB Ankle boots - sierraAdidas Trussardi Jeans Trainers - fantasia/white , Adidas River Island Mules - blackAdidas River Island Mules - greenAdidas Gabor Ankle boots - pazifik/blauAdidas Carmela Ankle boots - blackAdidas s.Oliver Ankle boots - brownAdidas Versus Versace Trainers - whiteAdidas Helia Classic heels - burdeos , Adidas Carmela Cowboy/Biker boots - blackAdidas mint&berry High heels - taupe
Haus Golden Goose Sneakers - Women Haus Golden Goose Sneakers online on YOOX United Kingdom - 11470238UB , Rene' Caovilla Flip Flops - Women Rene' Caovilla Flip Flops online on YOOX United Kingdom - 11340128TO , Dolce & Gabbana Boots - Men Dolce & Gabbana Boots online on YOOX United Kingdom - 11547562NCJet-Set Paris Sandals - Women Jet-Set Paris Sandals online on YOOX United Kingdom - 11481652MU , Alberto Venturini Court - Women Alberto Venturini Courts online on YOOX United Kingdom - 11484425KCGiorgia B. Court - Women Giorgia B. Courts online on YOOX United Kingdom - 11502327UE , New Balance 999 Womens Suede/Mesh - Sneakers - Women New Balance Sneakers online on YOOX United Kingdom - 11104049LN , LADY Tory Burch Black Brie Platforms The newest styleSKECHERS Performance Go Walk Max - 54601 , WOMENS Salvatore Ferragamo Barolo Sandals Cheap ideal , WOMEN Bed|Stü Coral Artemis Sandals Reasonable price , Men/Women Volcom Draft Sneakers & Athletic Volcom Reliable performanceAdidas KangaROOS W-700 - Trainers - silver/dusty roseAdidas mint&berry Classic ankle boots - bordeaux , Vans Sneakers - Men Vans Sneakers online on YOOX United Kingdom - 11451960BB , Nike Sportswear AIR FORCE 1 07 - High-top trainers - desert sand/sailman/woman IVY KIRZHNER Lightning Heels As of the latest modelGuess Court - Women Guess Courts online on YOOX United Kingdom - 11547168MJ , L'amour Sandals - Women L'amour Sandals online on YOOX United Kingdom - 11532225MQCrime London Sneakers - Women Crime London Sneakers online on YOOX United Kingdom - 11534573QLManas Ankle Boot - Women Manas Ankle Boots online on YOOX United Kingdom - 11512966DO , Lola Cruz Sneakers - Women Lola Cruz Sneakers online on YOOX United Kingdom - 11551258EFEmanuela Passeri Sandals - Women Emanuela Passeri Sandals online on YOOX United Kingdom - 11564529BGGianvito Rossi Sandals - Women Gianvito Rossi Sandals online on YOOX United Kingdom - 11461090WKPantofola D'oro Sneakers - Men Pantofola D'oro Sneakers online on YOOX United Kingdom - 11569816WSNike Black/Pink/Teal Flyknit Max Sneakers Sneakers , Make full use of materials Canali Classic Penny Loafer , LOxiF6KS lady Grey Shari Sandals Easy , womens Christian Louboutin Black 20823 Pumps Different styles and stylesLADY Prada Black-patent Leather Demi Wedges Very good quality ,

Pull&Bear | suede Pull&Bear suede block Pull&Bear heeled heeled boot 143ec79 - tonysbshop.com

  • Copyright © Chosunilbo & Chosun.com
Pull&Bear | suede Pull&Bear suede block Pull&Bear heeled heeled boot 143ec79
Previous Next
All Headlines Back to Top
Shoes 4968516