Philippe Model Sneakers - Women Philippe Model Sneakers Model online Kingdom Philippe on YOOX United Kingdom - 11495071SB 858a075




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Philippe Model Sneakers - Women Philippe Model Sneakers Model online Kingdom Philippe on YOOX United Kingdom - 11495071SB 858a075 - tonysbshop.com

    Philippe Model Sneakers - Women Philippe Model Sneakers Model online Kingdom Philippe on YOOX United Kingdom - 11495071SB 858a075
Philippe Model Sneakers - Women Philippe Model Sneakers Model online Kingdom Philippe on YOOX United Kingdom - 11495071SB 858a075

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 - Women Philippe Model Sneakers Model online Kingdom Philippe on YOOX United Kingdom - 11495071SB 858a075 - 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.

Philippe Model Sneakers - Women Philippe Model Sneakers online on YOOX United Kingdom - 11283663HICafènoir Ankle Boot - Women Cafènoir Ankle Boots online on YOOX United Kingdom - 11477881BWLeather Crown Sneakers - Women Leather Crown Sneakers online on YOOX United Kingdom - 11436967VA , Geox Ballet Flats - Women Geox Ballet Flats online on YOOX United Kingdom - 11540641SK , Philippe Model Sneakers - Women Philippe Model Sneakers online on YOOX United Kingdom - 11482876PV , Leather Crown Sneakers - Women Leather Crown Sneakers online on YOOX United Kingdom - 11139196XV , Chiara Ferragni Court - Women Chiara Ferragni Courts online on YOOX United Kingdom - 11453699OB , Toni Pons Sneakers - Women Toni Pons Sneakers online on YOOX United Kingdom - 11517246OJLeather Crown Sneakers - Women Leather Crown Sneakers online on YOOX United Kingdom - 11531764SSLeather Crown Sneakers - Women Leather Crown Sneakers online on YOOX United Kingdom - 11197579SFLeather Crown Sneakers - Women Leather Crown Sneakers online on YOOX United Kingdom - 11453557UQ , Philippe Model Sneakers - Women Philippe Model Sneakers online on YOOX United Kingdom - 11513176VO , Diadora Heritage Sneakers - Women Diadora Heritage Sneakers online on YOOX United Kingdom - 11486877HP , Ruco Line Sneakers - Women Ruco Line Sneakers online on YOOX United Kingdom - 11476823OWRuco Line Sneakers - Women Ruco Line Sneakers online on YOOX United Kingdom - 11492115NHVagabond Shoemakers Loafers - Women Vagabond Shoemakers Loafers online on YOOX United Kingdom - 11522744SV , Emanuela Passeri Loafers - Women Emanuela Passeri Loafers online on YOOX United Kingdom - 11444616NKPhilippe Model Sneakers - Women Philippe Model Sneakers online on YOOX United Kingdom - 11513181ODMarc Jacobs Loafers - Women Marc Jacobs Loafers online on YOOX United Kingdom - 11486633DSPaloma Barceló Loafers - Women Paloma Barceló Loafers online on YOOX United Kingdom - 11502517KD , Moschino Ballet Flats - Women Moschino Ballet Flats online on YOOX United Kingdom - 11451119WV , Leather Crown Sneakers - Women Leather Crown Sneakers online on YOOX United Kingdom - 11533464PKPaolo Simonini Loafers - Women Paolo Simonini Loafers online on YOOX United Kingdom - 11518392MJGiorgio Fabiani Court - Women Giorgio Fabiani Courts online on YOOX United Kingdom - 11468774VH , Leather Crown Sneakers - Women Leather Crown Sneakers online on YOOX United Kingdom - 11245650TWEmanuela Passeri Loafers - Women Emanuela Passeri Loafers online on YOOX United Kingdom - 11444649LCRuco Line Sneakers - Women Ruco Line Sneakers online on YOOX United Kingdom - 11496072BX , Leather Crown Sneakers - Women Leather Crown Sneakers online on YOOX United Kingdom - 11395124HFEmanuela Passeri Loafers - Women Emanuela Passeri Loafers online on YOOX United Kingdom - 11444499TF
Pierre Darré Ankle Boot - Women Pierre Darré Ankle Boots online on YOOX United Kingdom - 11545826IB , Dkny Women's Pump - Court - Women Dkny Courts online on YOOX United Kingdom - 11414198AP , STROVER Intia FASHION FOOTWEAR FOR WOMEN , LADY Prada Pink Slides Platforms Newlady Valentino Gold Heels Sandals FashionN.D.C. Made By Hand Ankle Boot - Women N.D.C. Made By Hand Ankle Boots online on YOOX United Kingdom - 11517429RC , Burberry Plaid W Camel. Black Red. Black Heel SandalsRockport Cobb Hill Collection Cobb Hill ShaylaWOMEN Stella McCartney Yellow None Sandals Germanymens/womens Rachel Comey Branson Loafers Modern mode , mens/womens Tommy Hilfiger Naria 2 Flats BrandMen/Women Roxy Bermuda II Sandals Direct businessCasadei TRAIN - High heels Colour: neroAdidas X 18+ Firm Ground BootsDiadora M. Winner RB Italy OGBikkembergs Sneakers - Men Bikkembergs Sneakers online on YOOX United Kingdom - 11565107HWAsics Sneakers - Men Asics Sneakers online on YOOX United Kingdom - 11545470JJman/woman Steve Madden Rakel Heels Adequate supply and timely delivery , men/women Goodyear Footwear Stride Sneakers & Athletic Goodyear Footwear durableLeather Crown Sneakers - Men Leather Crown Sneakers online on YOOX United Kingdom - 11532015EJPura López Boots - Women Pura López Boots online on YOOX United Kingdom - 11266470XBVic Ankle Boot - Women Vic Ankle Boots online on YOOX United Kingdom - 11557707JHLeonardo Iachini Sneakers - Women Leonardo Iachini Sneakers online on YOOX United Kingdom - 11522819RU , Moma Ankle Boot - Women Moma Ankle Boots online on YOOX United Kingdom - 11411956DF , Emanuela Passeri Sandals - Women Emanuela Passeri Sandals online on YOOX United Kingdom - 11331585GE , Gianvito Rossi Sandals - Women Gianvito Rossi Sandals online on YOOX United Kingdom - 11530829CF , Cafènoir Flip Flops - Men Cafènoir Flip Flops online on YOOX United Kingdom - 11212869FTModerate price Easy Spirit Caldiseselling price Calvin Klein GiannisCobian Lalati Bring classic beach style to your daily look with the essential Cobian Lalati sandal! ,

Philippe Model Sneakers - Women Philippe Model Sneakers Model online Kingdom Philippe on YOOX United Kingdom - 11495071SB 858a075 - tonysbshop.com

Philippe Model Sneakers - Women Philippe Model Sneakers Model online Kingdom Philippe on YOOX United Kingdom - 11495071SB 858a075
Previous Next
All Headlines Back to Top
Shoes 2940331
4299648
4630939
8657415
10124678
11058004
12895728
13555564
18738377