Philippe Model Sneakers 26761 Model - Men Philippe Men Model Sneakers online on YOOX United Kingdom - 11462114IS e2faebc




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Philippe Model Sneakers 26761 Model - Men Philippe Men Model Sneakers online on YOOX United Kingdom - 11462114IS e2faebc - tonysbshop.com

    Philippe Model Sneakers 26761 Model - Men Philippe Men Model Sneakers online on YOOX United Kingdom - 11462114IS e2faebc
Philippe Model Sneakers 26761 Model - Men Philippe Men Model Sneakers online on YOOX United Kingdom - 11462114IS e2faebc

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.

Philippe Model Sneakers 26761 Model - Men Philippe Men Model Sneakers online on YOOX United Kingdom - 11462114IS e2faebc - 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 Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11465172ODUri Minkoff Boots - Men Uri Minkoff Boots online on YOOX United Kingdom - 11449203RB , Andrea Morelli Sneakers - Men Andrea Morelli Sneakers online on YOOX United Kingdom - 11355454KB , Dirk Bikkembergs Loafers - Men Dirk Bikkembergs Loafers online on YOOX United Kingdom - 11220164QBLotto Leggenda Sneakers - Men Lotto Leggenda Sneakers online on YOOX United Kingdom - 11452800HF , Fratelli Rossetti Loafers - Men Fratelli Rossetti Loafers online on YOOX United Kingdom - 11332046JWLeather Crown Sneakers - Men Leather Crown Sneakers online on YOOX United Kingdom - 11453732QARick Owens Sneakers - Men Rick Owens Sneakers online on YOOX United Kingdom - 11294596DE , Adidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11354494CH , Fratelli Rossetti Loafers - Men Fratelli Rossetti Loafers online on YOOX United Kingdom - 11556746SLArmani Jeans Sneakers - Men Armani Jeans Sneakers online on YOOX United Kingdom - 11272380JU , New Balance Sneakers - Men New Balance Sneakers online on YOOX United Kingdom - 11465562OGNew Balance Sneakers - Men New Balance Sneakers online on YOOX United Kingdom - 11503187BJBottega Marchigiana Boots - Men Bottega Marchigiana Boots online on YOOX United Kingdom - 11542367TR , New Balance Sneakers - Men New Balance Sneakers online on YOOX United Kingdom - 11287405QVJust Cavalli Sneakers - Men Just Cavalli Sneakers online on YOOX United Kingdom - 11472957JP , U.S.Polo Assn. Sneakers - Men U.S.Polo Assn. Sneakers online on YOOX United Kingdom - 11491733LX , Alexander Hotto Boots - Men Alexander Hotto Boots online on YOOX United Kingdom - 11474128RO , Philippe Model Sneakers - Men Philippe Model Sneakers online on YOOX United Kingdom - 11479779QPDiadora Heritage Sneakers - Men Diadora Heritage Sneakers online on YOOX United Kingdom - 11141042SKToni Pons Boots - Men Toni Pons Boots online on YOOX United Kingdom - 11520700DW , Arkk Copenhagen Sneakers - Men Arkk Copenhagen Sneakers online on YOOX United Kingdom - 11479604CWPhilippe Model Sneakers - Men Philippe Model Sneakers online on YOOX United Kingdom - 11283131KSPhilipp Plein Boots - Men Philipp Plein Boots online on YOOX United Kingdom - 11387393XW , Just Cavalli Sneakers - Men Just Cavalli Sneakers online on YOOX United Kingdom - 11469993RJGhōud Venice Sneakers - Men Ghōud Venice Sneakers online on YOOX United Kingdom - 11502552XV , Adidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11520949LAVersace Collection Sneakers - Men Versace Collection Sneakers online on YOOX United Kingdom - 11461072IG , Fratelli Rossetti Boots - Men Fratelli Rossetti Boots online on YOOX United Kingdom - 11331950NM
Sartori Gold Ankle Boot - Women Sartori Gold Ankle Boots online on YOOX United Kingdom - 11527320UIRacine Carrée Ankle Boot - Women Racine Carrée Ankle Boots online on YOOX United Kingdom - 11487562JM , Giancarlo Paoli Ankle Boot - Women Giancarlo Paoli Ankle Boots online on YOOX United Kingdom - 11475423NXManila Grace Denim Court - Women Manila Grace Denim Courts online on YOOX United Kingdom - 11408701MPOsvaldo Rossi Court - Women Osvaldo Rossi Courts online on YOOX United Kingdom - 11507599CRGiuseppe Zanotti Metallic Silver & Orange New Gz Men Eu 46 Patent Leather Crystal Detail High-top Sneakers , Twin-Set Simona Barbieri Open-Toe Mules - Women Twin-Set Simona Barbieri Open-Toe Mules online on YOOX United Kingdom - 11484800FLFENTY PUMA by Rihanna Yellow Pink Suede Cleated Creepers Sneakers , men/women Onex Rock-On-3 Heels the most convenient , Men/Women Geox WINSPIRATIONSTIV19 Boots Attractive and durablemen/women Pedro Garcia Zissi Sandals Authentic guaranteeman/woman Avec Les Filles Sloane Heels newMd runner 2 trainers , navy, Nike , Reebok Classic CLUB C 85 - Trainers - white/green , men/women Vince Brigade Boots Make full use of materials , Men/Women VOLATILE Linked Sandals Full range of specificationsHogan Sneakers - Men Hogan Sneakers online on YOOX United Kingdom - 11366090IKMen/Women J. Renee Brightlights Flats First grade in its classJohn Varvatos Loafers - Men John Varvatos Loafers online on YOOX United Kingdom - 11536323NU , Adidas adidas by Stella McCartney ULTRA BOOST - Neutral running shoes - black/smoke pink/corredmens/womens Steve Madden Landor Sneakers & Athletic Steve Madden Easy to clean surface , Oroscuro Sandals - Women Oroscuro Sandals online on YOOX United Kingdom - 11376932GKCult Loafers - Women Cult Loafers online on YOOX United Kingdom - 11473377SLDiesel Sneakers - Women Diesel Sneakers online on YOOX United Kingdom - 11476692KILerre Court - Women Lerre Courts online on YOOX United Kingdom - 11021371CLTod's Ankle Boot - Women Tod's Ankle Boots online on YOOX United Kingdom - 11316691PPdNpoRvAh LOLAS S024104201mst MULES PARA MUJER , Outstanding function Pedro Garcia Parsonwomens Stuart Weitzman Beige Woven Sandals Rich designwomen Jeffrey Campbell Black Quinn-o Platforms Cheap ,

Philippe Model Sneakers 26761 Model - Men Philippe Men Model Sneakers online on YOOX United Kingdom - 11462114IS e2faebc - tonysbshop.com

Philippe Model Sneakers 26761 Model - Men Philippe Men Model Sneakers online on YOOX United Kingdom - 11462114IS e2faebc
Previous Next
All Headlines Back to Top
Shoes 1832679
2915655
3687886
5771465
8607566
8863027
10579211
13319916
18196233