Sidi® Sneakers Sneakers - 11541243UU Men Sidi® Sneakers online on YOOX on United Kingdom - 11541243UU 74b6d23




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Sidi® Sneakers Sneakers - 11541243UU Men Sidi® Sneakers online on YOOX on United Kingdom - 11541243UU 74b6d23 - tonysbshop.com

    Sidi® Sneakers Sneakers - 11541243UU Men Sidi® Sneakers online on YOOX on United Kingdom - 11541243UU 74b6d23
Sidi® Sneakers Sneakers - 11541243UU Men Sidi® Sneakers online on YOOX on United Kingdom - 11541243UU 74b6d23

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.

Sidi® Sneakers Sneakers - 11541243UU Men Sidi® Sneakers online on YOOX on United Kingdom - 11541243UU 74b6d23 - 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.

Premiata Sneakers - Men Premiata Sneakers online on YOOX United Kingdom - 11506309RP , Lemaré Sneakers - Men Lemaré Sneakers online on YOOX United Kingdom - 11547364RF , Hugo Sneakers - Men Hugo Sneakers online on YOOX United Kingdom - 11521348CWKeys Loafers - Men Keys Loafers online on YOOX United Kingdom - 11555619IX , Exceed Sneakers - Men Exceed Sneakers online on YOOX United Kingdom - 11521590PJPony Sneakers - Men Pony Sneakers online on YOOX United Kingdom - 11583789XOSpringa Sneakers - Men Springa Sneakers online on YOOX United Kingdom - 11457253LLPony Sneakers - Men Pony Sneakers online on YOOX United Kingdom - 11583807AV , Pony Sneakers - Men Pony Sneakers online on YOOX United Kingdom - 11485299AB , Nike Sneakers - Men Nike Sneakers online on YOOX United Kingdom - 11498257PMExceed Boots - Men Exceed Boots online on YOOX United Kingdom - 11521675JA , Panella Boots - Men Panella Boots online on YOOX United Kingdom - 11522297BA , Hogan Sneakers - Men Hogan Sneakers online on YOOX United Kingdom - 11544555OJPony Sneakers - Men Pony Sneakers online on YOOX United Kingdom - 11583823LA , Arfango Loafers - Men Arfango Loafers online on YOOX United Kingdom - 11525117NR , Adidas Sneakers - Men Adidas Sneakers online on YOOX United Kingdom - 11583973PR , A.Testoni Loafers - Men A.Testoni Loafers online on YOOX United Kingdom - 11542467GXMakris Sneakers - Men Makris Sneakers online on YOOX United Kingdom - 11500820LGVersace Sneakers - Men Versace Sneakers online on YOOX United Kingdom - 11578511RDA.Testoni Loafers - Men A.Testoni Loafers online on YOOX United Kingdom - 11542422KBA.Testoni Sneakers - Men A.Testoni Sneakers online on YOOX United Kingdom - 11542599GT , Henderson Sneakers - Men Henderson Sneakers online on YOOX United Kingdom - 11452312JN , A.Testoni Boots - Men A.Testoni Boots online on YOOX United Kingdom - 11548531SWZzegna Sneakers - Men Zzegna Sneakers online on YOOX United Kingdom - 11583688QC , Imac Boots - Men Imac Boots online on YOOX United Kingdom - 11549155OJ , Imac Boots - Men Imac Boots online on YOOX United Kingdom - 11549110BRClae Boots - Men Clae Boots online on YOOX United Kingdom - 11523419TCWeg Loafers - Men Weg Loafers online on YOOX United Kingdom - 11537424DE , Swims Boots - Men Swims Boots online on YOOX United Kingdom - 11535756HV ,
Tipe E Tacchi Sandals - Women Tipe E Tacchi Sandals online on YOOX United Kingdom - 11332488NJ , Pierre Darré Sandals - Women Pierre Darré Sandals online on YOOX United Kingdom - 11240747EQ , Angela George Loafers - Women Angela George Loafers online on YOOX United Kingdom - 11534121JQClone Flip Flops - Women Clone Flip Flops online on YOOX United Kingdom - 11472864GSPITILLOS 5004-pitillos WEDGE-HEEL SANDALS FOR WOMENGiuseppe Zanotti Gold Metallic Leather Sandals , Suede 90681 Sneakers | Peacoat-Whisper Wht-Wht | PUMA SHOP ALL | PUMA United StatesLadies MIA Tan Sandals a good reputation in the world , WOMENS Badgley Mischka Roxy Formal Shoes Good worldwide reputation , CLARKS Alitay Susan FASHION FOOTWEAR FOR WOMENlady Bamboo Nude Peep Wedges Bestsellers worldwide , Golden multi-strap sandals , black/gold-coloured, Mademoiselle RAdidas No Name GINGER - Trainers - cedre masticPS by Paul Smith MIYATA - Trainers - black , Puma ENZO WEAVE - Neutral running shoes , Thompson Boots - Men Thompson Boots online on YOOX United Kingdom - 11541607MLmens/womens Donald J Pliner Igor 2 Loafers Elegant and sturdy set meal , Mjus Boots - Women Mjus Boots online on YOOX United Kingdom - 11481483JKFabrizio Chini Boots - Women Fabrizio Chini Boots online on YOOX United Kingdom - 11535877WWDsquared2 Ankle Boot - Women Dsquared2 Ankle Boots online on YOOX United Kingdom - 11558732VN , Kenneth Cole Court - Women Kenneth Cole Courts online on YOOX United Kingdom - 11570488EA , Vittorio Virgili Court - Women Vittorio Virgili Courts online on YOOX United Kingdom - 11427163KGCheap order Lowa Laurin GTX® Lobargain Soludos Canvas Smoking Slipper , excellent quality Baffin Packables Boot , Various goods Mark Nason MayfairLifeStride Coana Your weekend is about to get a little sexier with the sleek Coana bootie , MISS Valentino Camouflage Garavani Pumps New varieties are introduced , Dolce&Gabbana Black Dolce & Gabbana Leather 38.5 SandalsMISS Tory Burch Teal Marcia Sandals Lush design ,

Sidi® Sneakers Sneakers - 11541243UU Men Sidi® Sneakers online on YOOX on United Kingdom - 11541243UU 74b6d23 - tonysbshop.com

Sidi® Sneakers Sneakers - 11541243UU Men Sidi® Sneakers online on YOOX on United Kingdom - 11541243UU 74b6d23
Previous Next
All Headlines Back to Top
Shoes 7326982
8037184
9056084
9404104
9643155
15476129
15935675
16293996
17593757