Adidas Tamaris 26998 T-bar sandals - - black black metallic 8dbcf45

China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Adidas Tamaris 26998 T-bar sandals - - black black metallic 8dbcf45 -

    Adidas Tamaris 26998 T-bar sandals - - black black metallic 8dbcf45
Adidas Tamaris 26998 T-bar sandals - - black black metallic 8dbcf45

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.

Adidas Tamaris 26998 T-bar sandals - - black black metallic 8dbcf45 -
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 Vagabond KATLIN - Mules - black , Adidas mtng Heeled mules - antil azul , Adidas ALDO BOISSEAU - Trainers - white , Adidas Pataugas JESTER - Trainers - multi , Adidas Blundstone Classic ankle boots - blackAdidas Gabor Platform heels - antik rosa , Adidas Vagabond PEGGY - Trainers - black , Adidas Cosmoparis JETI - Mules - cobalt/blanc , Adidas Pepen Sole Wedge sandals - denimAdidas mint&berry Peeptoe ballet pumps - pinkAdidas Weekend High heels - diana fuchsia , Adidas ecco DAMARA - Sandals - alusilver/gravelAdidas Bianco FRILL - Sandals - blackAdidas Wallis PHILOMENA - Sandals - ink , Adidas Replay FAIRY - Trainers - smoke , Adidas Andre BALINEE - Sandals - noirAdidas Billi Bi Sandals - rose metalAdidas Schutz High heels - bright rose , Adidas MJUS CHAT - Mules - neroAdidas Jana Platform sandals - light greyAdidas Bianco High heels - navy blueAdidas Puma TE-KU - Trainers - pebble/birch/marshmallowAdidas Donna Carolina Ballet pumps - navyAdidas Replay GHOST - Mules - blackAdidas Camper ORUGA - Sandals - black , Adidas Vans AUTHENTIC - Trainers - mint , Adidas ALOHAS AGNES - Mules - white , Adidas CTWLK AZIZA - Sandals - cucroAdidas Reebok Classic Trainers - dark blue
Dune London Taiya - Boots - Women Dune London Boots online on YOOX United Kingdom - 11375312NKNike Air Max 270 - Sneakers - Men Nike Sneakers online on YOOX United Kingdom - 11545237MJ , PEDRO MIRALLES 18243 SHOES FOR WOMEN , STROVER 434 FASHION FOOTWEAR FOR WOMENMUSE MAIA Varsity Women's | Peacoat-Metallic GoldFred De La Bretoniere Espadrilles - Women Fred De La Bretoniere Espadrilles online on YOOX United Kingdom - 11522544UQ , mens/womens Steve Madden Nicole Heels finePublic Desire HAVANA - Mules , Adidas Reebok Classic RIPPLE - High-top trainers - chalk , Men/Women Eileen Fisher Kerby Heels King of the crowdVibram Fivefingers KSO EVO - Sports shoes Colour: lavender/purpleman/woman CC Corso Como Gorgi Heels Exquisite workmanship , Buttero® Sneakers - Men Buttero® Sneakers online on YOOX United Kingdom - 11422003RK , Santoni Loafers - Men Santoni Loafers online on YOOX United Kingdom - 11478539JEmens/womens Superga 2750 Pairidesce Sneaker Sneakers & Athletic Superga Caramel, gentle , Alberto Guardiani Sneakers - Men Alberto Guardiani Sneakers online on YOOX United Kingdom - 11568061CLNovesta Sneakers - Women Novesta Sneakers online on YOOX United Kingdom - 11163023IK , Les Pumps Court - Women Les Pumps Courts online on YOOX United Kingdom - 11530604BUFabi Ankle Boot - Women Fabi Ankle Boots online on YOOX United Kingdom - 11531039UL , Pretty Ballerinas Loafers - Women Pretty Ballerinas Loafers online on YOOX United Kingdom - 11441248EBButtero® Ankle Boot - Women Buttero® Ankle Boots online on YOOX United Kingdom - 11371736TL , Serafini Luxury Sneakers - Women Serafini Luxury Sneakers online on YOOX United Kingdom - 11377496NH , Atlantic Stars Sneakers - Men Atlantic Stars Sneakers online on YOOX United Kingdom - 11566432PU , Antonio Melani Brown Leather Thong Sandals , Beautiful and charming Ted Baker Immet 2 , unique Gold & Gravy Ripper , Suitable for color Sperry Captain's CVO Nautical , Known for its good quality Allen Edmonds StrandmokG•Six Workshop Ankle Boot - Women G•Six Workshop Ankle Boots online on YOOX United Kingdom - 11262688ELWomen's Studio Pollini Multicolor Summer Platforms newcomer ,

Adidas Tamaris 26998 T-bar sandals - - black black metallic 8dbcf45 -

  • Copyright © Chosunilbo &
Adidas Tamaris 26998 T-bar sandals - - black black metallic 8dbcf45
Previous Next
All Headlines Back to Top
Shoes 2764614