L' 11107702RF Autre Chose Court - Women L' - Autre Chose 12979 Courts online on YOOX United Kingdom - 11107702RF ce3ac41




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • L' 11107702RF Autre Chose Court - Women L' - Autre Chose 12979 Courts online on YOOX United Kingdom - 11107702RF ce3ac41 - tonysbshop.com

    L' 11107702RF Autre Chose Court - Women L' - Autre Chose 12979 Courts online on YOOX United Kingdom - 11107702RF ce3ac41
L' 11107702RF Autre Chose Court - Women L' - Autre Chose 12979 Courts online on YOOX United Kingdom - 11107702RF ce3ac41

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.

L' 11107702RF Autre Chose Court - Women L' - Autre Chose 12979 Courts online on YOOX United Kingdom - 11107702RF ce3ac41 - 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.

Laura Bellariva Ankle Boot - Women Laura Bellariva Ankle Boots online on YOOX United Kingdom - 11028543MMAlberto Fermani Ankle Boot - Women Alberto Fermani Ankle Boots online on YOOX United Kingdom - 11038330OI , Yosi Samra Ballet Flats - Women Yosi Samra Ballet Flats online on YOOX United Kingdom - 11058264JTRoberto Del Carlo Boots - Women Roberto Del Carlo Boots online on YOOX United Kingdom - 11041694ID , Lea Foscati Ankle Boot - Women Lea Foscati Ankle Boots online on YOOX United Kingdom - 11043439XC , The Seller Ankle Boot - Women The Seller Ankle Boots online on YOOX United Kingdom - 11039082BVLiu ?Jo Shoes Court - Women Liu ?Jo Shoes Courts online on YOOX United Kingdom - 11054275VF , Dr. Martens Ankle Boot - Women Dr. Martens Ankle Boots online on YOOX United Kingdom - 11037239NUJanet & Janet Loafers - Women Janet & Janet Loafers online on YOOX United Kingdom - 11049259CABibi Lou Ankle Boot - Women Bibi Lou Ankle Boots online on YOOX United Kingdom - 11037233OWVia Roma 15 Boots - Women Via Roma 15 Boots online on YOOX United Kingdom - 11037266BKPrada Sport Ankle Boot - Women Prada Sport Ankle Boots online on YOOX United Kingdom - 11047623SQ , Twin-Set Simona Barbieri Loafers - Women Twin-Set Simona Barbieri Loafers online on YOOX United Kingdom - 11037757CNMaria Cristina Ankle Boot - Women Maria Cristina Ankle Boots online on YOOX United Kingdom - 11041283LT , Emanuélle Vee Ankle Boot - Women Emanuélle Vee Ankle Boots online on YOOX United Kingdom - 11031833VGJeffrey Campbell Ankle Boot - Women Jeffrey Campbell Ankle Boots online on YOOX United Kingdom - 11025347MVTwin-Set Simona Barbieri Boots - Women Twin-Set Simona Barbieri Boots online on YOOX United Kingdom - 11048815FT , Laura Bellariva Ankle Boot - Women Laura Bellariva Ankle Boots online on YOOX United Kingdom - 11028526OD , Jeffrey Campbell Ankle Boot - Women Jeffrey Campbell Ankle Boots online on YOOX United Kingdom - 11012975PVJ|D Julie Dee Boots - Women J|D Julie Dee Boots online on YOOX United Kingdom - 11017496AG , Giancarlo Paoli Ankle Boot - Women Giancarlo Paoli Ankle Boots online on YOOX United Kingdom - 11043123PTEmanuela Passeri Ankle Boot - Women Emanuela Passeri Ankle Boots online on YOOX United Kingdom - 11029970EL , A&M Collection Ankle Boot - Women A&M Collection Ankle Boots online on YOOX United Kingdom - 11053589EJFrancesco Milano Ankle Boot - Women Francesco Milano Ankle Boots online on YOOX United Kingdom - 11017694CT , Jeffrey Campbell Ankle Boot - Women Jeffrey Campbell Ankle Boots online on YOOX United Kingdom - 44991232WEVic Matiē Ankle Boot - Women Vic Matiē Ankle Boots online on YOOX United Kingdom - 11017728PF , Ruco Line Ankle Boot - Women Ruco Line Ankle Boots online on YOOX United Kingdom - 44991321KD , Lea Foscati Ankle Boot - Women Lea Foscati Ankle Boots online on YOOX United Kingdom - 11043081DN , Liviana Conti Ankle Boot - Women Liviana Conti Ankle Boots online on YOOX United Kingdom - 11030984PE
What For Ankle Boot - Women What For Ankle Boots online on YOOX United Kingdom - 11540398JVDolce & Gabbana Sandals - Men Dolce & Gabbana Sandals online on YOOX United Kingdom - 11248704OS , WOMEN Orange & White Sandals UniqueBreaker Leather Sneakers | Puma Black-Puma White , Vans CLASSIC SLIP ON Black / White , PEPE JEANS Pls30271 Club 999 Black LOW-TOP TRAINERS FOR WOMENConverse Chuck Taylor All Star - Wonderworld Ox , Manolo Blahnik Navy Pointed Toe Slingback Heels Sandals , woman Tory Burch Miller Logo Sandals Immediate delivery , WOMENS Altuzarra Tritons Formal Shoes Great classificationmen's/women's Josef Seibel Fabia 11 Sandals High-quality , men's/women's ALDO Amelie Sandals Preferential priceMen/Women Bruno Magli Regale Oxfords superiorRiver Island | River Island leather chukka boots in brownMen/Women Adidas Men's Questar Ride Shoes Schuhe Perfect processing , Mizuno Sneakers - Women Mizuno Sneakers online on YOOX United Kingdom - 11528081OBVans Sneakers - Men Vans Sneakers online on YOOX United Kingdom - 11573665UM , Geox Sneakers - Men Geox Sneakers online on YOOX United Kingdom - 11540941UFHogan Sneakers - Men Hogan Sneakers online on YOOX United Kingdom - 11177101JDConverse CHUCK TAYLOR ALL STAR '70 OX - Trainers - papyrus/egret , Stokton Sneakers - Women Stokton Sneakers online on YOOX United Kingdom - 11269419BBHunter Boots - Women Hunter Boots online on YOOX United Kingdom - 11112547LI , Igi&Co Boots - Women Igi&Co Boots online on YOOX United Kingdom - 11539324LEMbt Sandals - Women Mbt Sandals online on YOOX United Kingdom - 11361562RW , Crime London Sneakers - Women Crime London Sneakers online on YOOX United Kingdom - 11250810VKWhite High Top Espadrille Sneakers SneakersAffordable Columbia Granite Ridge Waterproof , Reliable performance BELSTAFF Ladbroke Boot , Caterpillar Revolver Find the durability to outlast jobsite after jobsite, in the Caterpillar Revolver work boot. , woman BCBGMAXAZRIA Gold Platforms At a lower price

L' 11107702RF Autre Chose Court - Women L' - Autre Chose 12979 Courts online on YOOX United Kingdom - 11107702RF ce3ac41 - tonysbshop.com

L' 11107702RF Autre Chose Court - Women L' - Autre Chose 12979 Courts online on YOOX United Kingdom - 11107702RF ce3ac41
Previous Next
All Headlines Back to Top
Shoes 2283307
3674979
8870576
10044405
11240657
12565605
14244907
14430452
14540058