Carshoe Boots - 11499659BP Women Carshoe Women Boots online Carshoe on YOOX United Kingdom - 11499659BP 3d3dc7a




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Carshoe Boots - 11499659BP Women Carshoe Women Boots online Carshoe on YOOX United Kingdom - 11499659BP 3d3dc7a - tonysbshop.com

    Carshoe Boots - 11499659BP Women Carshoe Women Boots online Carshoe on YOOX United Kingdom - 11499659BP 3d3dc7a
Carshoe Boots - 11499659BP Women Carshoe Women Boots online Carshoe on YOOX United Kingdom - 11499659BP 3d3dc7a

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.

Carshoe Boots - 11499659BP Women Carshoe Women Boots online Carshoe on YOOX United Kingdom - 11499659BP 3d3dc7a - 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.

Red(V) Boots - Women Red(V) Boots online on YOOX United Kingdom - 11289069HH , Purified Boots - Women Purified Boots online on YOOX United Kingdom - 11478502UC , Sebastian Boots - Women Sebastian Boots online on YOOX United Kingdom - 11445822DL , Dondup Boots - Women Dondup Boots online on YOOX United Kingdom - 11535754LT , Rodo Boots - Women Rodo Boots online on YOOX United Kingdom - 11466373SG , Sebastian Boots - Women Sebastian Boots online on YOOX United Kingdom - 11445852GELerre Sandals - Women Lerre Sandals online on YOOX United Kingdom - 11521946RC , Carshoe Boots - Women Carshoe Boots online on YOOX United Kingdom - 11536582MPTod's Boots - Women Tod's Boots online on YOOX United Kingdom - 11534020HM , Msgm Boots - Women Msgm Boots online on YOOX United Kingdom - 11493521HP , Tod's Boots - Women Tod's Boots online on YOOX United Kingdom - 11533987OH , Buttero® Boots - Women Buttero® Boots online on YOOX United Kingdom - 11521359WE , Buttero® Boots - Women Buttero® Boots online on YOOX United Kingdom - 11521340LGCamper Sneakers - Women Camper Sneakers online on YOOX United Kingdom - 11211287EE , Schutz Boots - Women Schutz Boots online on YOOX United Kingdom - 11514564OWCorvari Boots - Women Corvari Boots online on YOOX United Kingdom - 11501508ETGattinoni Boots - Women Gattinoni Boots online on YOOX United Kingdom - 11507320ABDondup Sneakers - Women Dondup Sneakers online on YOOX United Kingdom - 11534420UM , Reebok Sneakers - Women Reebok Sneakers online on YOOX United Kingdom - 11500516OUBalmain Sandals - Women Balmain Sandals online on YOOX United Kingdom - 11525681NC , Semilla Sandals - Women Semilla Sandals online on YOOX United Kingdom - 11534738VW , Icône Court - Women Icône Courts online on YOOX United Kingdom - 11521272GQ , Ras Loafers - Women Ras Loafers online on YOOX United Kingdom - 11499844QG , Mally Boots - Women Mally Boots online on YOOX United Kingdom - 11474187QXPavin Boots - Women Pavin Boots online on YOOX United Kingdom - 11483393MK , Mally Boots - Women Mally Boots online on YOOX United Kingdom - 11476270LLIcône Court - Women Icône Courts online on YOOX United Kingdom - 11521308IV , Carrano Court - Women Carrano Courts online on YOOX United Kingdom - 11334624AKP.A.R.O.S.H. Boots - Women P.A.R.O.S.H. Boots online on YOOX United Kingdom - 11007691TQ ,
Steve Madden Ankle Boot - Women Steve Madden Ankle Boots online on YOOX United Kingdom - 11360286MM , Loretta Pettinari Sandals - Women Loretta Pettinari Sandals online on YOOX United Kingdom - 11151483TDAngelo Bervicato Boots - Women Angelo Bervicato Boots online on YOOX United Kingdom - 11002451DI , Element TOPAZ C3 MID Indigo , MARIA MARE Botn Mariamare Azul 61410 FASHION FOOTWEAR FOR WOMEN , MISS Valentino Gray Garavani Leather Sandals Good market , man/woman Bella-Vita Sassari Heels Preferred boutique , Men/Women Kamik Brooklyn Boots various kindsMoheda Toffeln DOLLY - Clogs , men's/women's Rocket Dog Laurel Flats Good world reputationMakris Sneakers - Men Makris Sneakers online on YOOX United Kingdom - 11500811WWGlobe Sneakers - Men Globe Sneakers online on YOOX United Kingdom - 11507110TI , Tod's Loafers - Men Tod's Loafers online on YOOX United Kingdom - 11548489OVmen/women Volcom Sub Zero 2 Boots Win the praise of customersle coq sportif VERDON SPORT - Trainers - dress blue/croissantmens/womens Under Armour UA Tangerine Waterproof Boots the most economicalKeys Court - Women Keys Courts online on YOOX United Kingdom - 11551498CVLoriblu Boots - Women Loriblu Boots online on YOOX United Kingdom - 11560464DG , Lanvin Loafers - Women Lanvin Loafers online on YOOX United Kingdom - 11514270XCSergio Cimadamore Sneakers - Women Sergio Cimadamore Sneakers online on YOOX United Kingdom - 11527684NR , Stuart Weitzman Court - Women Stuart Weitzman Courts online on YOOX United Kingdom - 11236106FQ , 67 Sixtyseven Sneakers - Women 67 Sixtyseven Sneakers online on YOOX United Kingdom - 11541496ECHannibal Laguna Sandals - Women Hannibal Laguna Sandals online on YOOX United Kingdom - 11541747GF , Ixos Ankle Boot - Women Ixos Ankle Boots online on YOOX United Kingdom - 11385152PW , Crime London Sneakers - Men Crime London Sneakers online on YOOX United Kingdom - 11580429QR , Elegant style Josef Seibel Lindsay 2 , Clearance price Rieker 13428 Diego 28Dolce&Gabbana Gray Blue Heren Perforated Midtop SneakersMiu Miu White Silver Cap Sneaker Sneakerslady Brian Atwood Purple Maniac Platforms promotion

Carshoe Boots - 11499659BP Women Carshoe Women Boots online Carshoe on YOOX United Kingdom - 11499659BP 3d3dc7a - tonysbshop.com

Carshoe Boots - 11499659BP Women Carshoe Women Boots online Carshoe on YOOX United Kingdom - 11499659BP 3d3dc7a
Previous Next
All Headlines Back to Top
Shoes 2114635
4172291
9616285
9802252
11554885
12076790
13865388
13897853
17105791