Charlotte Olympia Loafers - Women Charlotte Olympia Olympia 11536911XP Loafers online 26884 on YOOX United Kingdom - 11536911XP 966ab55




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Charlotte Olympia Loafers - Women Charlotte Olympia Olympia 11536911XP Loafers online 26884 on YOOX United Kingdom - 11536911XP 966ab55 - tonysbshop.com

    Charlotte Olympia Loafers - Women Charlotte Olympia Olympia 11536911XP Loafers online 26884 on YOOX United Kingdom - 11536911XP 966ab55
Charlotte Olympia Loafers - Women Charlotte Olympia Olympia 11536911XP Loafers online 26884 on YOOX United Kingdom - 11536911XP 966ab55

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.

Charlotte Olympia Loafers - Women Charlotte Olympia Olympia 11536911XP Loafers online 26884 on YOOX United Kingdom - 11536911XP 966ab55 - 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.

Charlotte Olympia Court - Women Charlotte Olympia Courts online on YOOX United Kingdom - 44957414US , Hogan Ankle Boot - Women Hogan Ankle Boots online on YOOX United Kingdom - 11540019MQ , N° 21 Sandals - Women N° 21 Sandals online on YOOX United Kingdom - 11240489GB , Cross Walk Boots - Women Cross Walk Boots online on YOOX United Kingdom - 11517704DBCharlotte Olympia Court - Women Charlotte Olympia Courts online on YOOX United Kingdom - 11485019XL , Chloé Ankle Boot - Women Chloé Ankle Boots online on YOOX United Kingdom - 11536559HWSantoni Ankle Boot - Women Santoni Ankle Boots online on YOOX United Kingdom - 11543180DRBottega Veneta Sneakers - Women Bottega Veneta Sneakers online on YOOX United Kingdom - 11365820HD , Charlotte Olympia Sandals - Women Charlotte Olympia Sandals online on YOOX United Kingdom - 44941238OHMarni Ankle Boot - Women Marni Ankle Boots online on YOOX United Kingdom - 11248416LQRoger Vivier Court - Women Roger Vivier Courts online on YOOX United Kingdom - 11500954QDStella Mccartney Sandals - Women Stella Mccartney Sandals online on YOOX United Kingdom - 44991697ND , Hogan Ankle Boot - Women Hogan Ankle Boots online on YOOX United Kingdom - 11541985CVSergio Rossi Sneakers - Women Sergio Rossi Sneakers online on YOOX United Kingdom - 11526005MUN° 21 Sneakers - Women N° 21 Sneakers online on YOOX United Kingdom - 11452913NWStella Mccartney Sandals - Women Stella Mccartney Sandals online on YOOX United Kingdom - 11505473TCHogan Ankle Boot - Women Hogan Ankle Boots online on YOOX United Kingdom - 11298954EO , Saint Laurent Court - Women Saint Laurent Courts online on YOOX United Kingdom - 11518717UL , Maison Margiela Sandals - Women Maison Margiela Sandals online on YOOX United Kingdom - 11212054VB , Pierre Hardy Sneakers - Women Pierre Hardy Sneakers online on YOOX United Kingdom - 11511660GP , Casadei Ankle Boot - Women Casadei Ankle Boots online on YOOX United Kingdom - 11518779WQ , Charlotte Olympia Court - Women Charlotte Olympia Courts online on YOOX United Kingdom - 11544237PWMaison Margiela Sneakers - Women Maison Margiela Sneakers online on YOOX United Kingdom - 11290955NVCharlotte Olympia Sandals - Women Charlotte Olympia Sandals online on YOOX United Kingdom - 11510173PC , Marni Ankle Boot - Women Marni Ankle Boots online on YOOX United Kingdom - 11290647OFSantoni Ankle Boot - Women Santoni Ankle Boots online on YOOX United Kingdom - 11539153RR , Malone Souliers Sandals - Women Malone Souliers Sandals online on YOOX United Kingdom - 11453131RI , Paul Andrew Sandals - Women Paul Andrew Sandals online on YOOX United Kingdom - 44981354AN , Jil Sander Sneakers - Women Jil Sander Sneakers online on YOOX United Kingdom - 11539593NA
Philipp Plein Ankle Boot - Women Philipp Plein Ankle Boots online on YOOX United Kingdom - 11451146WG , Marcela Yil Sandals - Women Marcela Yil Sandals online on YOOX United Kingdom - 11161724CPVic Matiē Court - Women Vic Matiē Courts online on YOOX United Kingdom - 11472743VT , Dolce & Gabbana Ankle Boot - Women Dolce & Gabbana Ankle Boots online on YOOX United Kingdom - 11486553IACatarina Martins Ankle Boot - Women Catarina Martins Ankle Boots online on YOOX United Kingdom - 11395248OJPANAMA JACK Felicia B3 Napa Grass Cuero BOTA OUTDOOR PARA MUJERMODABELLA Zapato Modabella De Color Negro 38-1187 SHOES FOR WOMEN , FitFlop Black Banda Crystal Snake Toe- Post Slide Sandals , Oscar de la Renta Brown and Cream Sandalsadidas Originals EQT SUPPORT MID - TrainersAdidas H?gl Ballet pumps - red , Men/Women IZOD Fenway Loafers Excellent craft , New Balance Classics WRT300 - DeconstructedSkechers Performance GO WALK 4 - Walking trainers , mens/womens Missoni Ornament Ballet Flat Flats King of quantitymens/womens Naturalizer Demi Wide Calf Boots special promotion , Moma Loafers - Women Moma Loafers online on YOOX United Kingdom - 11498311NN , man/woman PUMA Ignite Limitless Netfit Sneakers & Athletic PUMA Very good classificationNike Performance TIEMPOX LIGERA IV IC - Indoor football bootsStarlet Sandals - Women Starlet Sandals online on YOOX United Kingdom - 11533180SO , Frye Ankle Boot - Women Frye Ankle Boots online on YOOX United Kingdom - 11436670SN , Guess Ankle Boot - Women Guess Ankle Boots online on YOOX United Kingdom - 11526456VMPaolo Simonini Boots - Women Paolo Simonini Boots online on YOOX United Kingdom - 11240068PFMarc Jacobs Espadrilles - Women Marc Jacobs Espadrilles online on YOOX United Kingdom - 11422676EP , Saint Laurent Court - Women Saint Laurent Courts online on YOOX United Kingdom - 11518717UL , durable Seychelles Bed & Breakfastsuperior Rieker 46369 Daisy 69WOMENS FootJoy Black and Ivory. Sneakers Qualified production , Ladies L.K. Bennett Gold Dara Sandals Durable service , women SCHUTZ Blue None Platforms Flagship store

Charlotte Olympia Loafers - Women Charlotte Olympia Olympia 11536911XP Loafers online 26884 on YOOX United Kingdom - 11536911XP 966ab55 - tonysbshop.com

Charlotte Olympia Loafers - Women Charlotte Olympia Olympia 11536911XP Loafers online 26884 on YOOX United Kingdom - 11536911XP 966ab55
Previous Next
All Headlines Back to Top
Shoes 634719
2635390
6762680
7515772
12036551
16322151
16678956
17046779
17152627