No Name Sneakers 26909 - Women Sneakers No Name Sneakers online No on YOOX United Kingdom - 11305104UU d468fee




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • No Name Sneakers 26909 - Women Sneakers No Name Sneakers online No on YOOX United Kingdom - 11305104UU d468fee - tonysbshop.com

    No Name Sneakers 26909 - Women Sneakers No Name Sneakers online No on YOOX United Kingdom - 11305104UU d468fee
No Name Sneakers 26909 - Women Sneakers No Name Sneakers online No on YOOX United Kingdom - 11305104UU d468fee

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.

No Name Sneakers 26909 - Women Sneakers No Name Sneakers online No on YOOX United Kingdom - 11305104UU d468fee - 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.

Jeffrey Campbell Sandals - Women Jeffrey Campbell Sandals online on YOOX United Kingdom - 11340044AHFiorentini+Baker Ankle Boot - Women Fiorentini+Baker Ankle Boots online on YOOX United Kingdom - 11474432WFBibi Lou Espadrilles - Women Bibi Lou Espadrilles online on YOOX United Kingdom - 11290373ICCris Vergré Loafers - Women Cris Vergré Loafers online on YOOX United Kingdom - 11512833KC , Donna Soft Loafers - Women Donna Soft Loafers online on YOOX United Kingdom - 11486867UNL'f Shoes Loafers - Women L'f Shoes Loafers online on YOOX United Kingdom - 11093922TWTiziano Fratini Court - Women Tiziano Fratini Courts online on YOOX United Kingdom - 11502752FCBelle Vie Loafers - Women Belle Vie Loafers online on YOOX United Kingdom - 11486140GA , Le Bohémien Loafers - Women Le Bohémien Loafers online on YOOX United Kingdom - 11473563AP , Steve Madden Loafers - Women Steve Madden Loafers online on YOOX United Kingdom - 11480444HH , Cult Ankle Boot - Women Cult Ankle Boots online on YOOX United Kingdom - 11261622CK , Donna Soft Loafers - Women Donna Soft Loafers online on YOOX United Kingdom - 11486550KICalpierre Ankle Boot - Women Calpierre Ankle Boots online on YOOX United Kingdom - 11498719GP , Mally Ankle Boot - Women Mally Ankle Boots online on YOOX United Kingdom - 11473267RB , Mally Ankle Boot - Women Mally Ankle Boots online on YOOX United Kingdom - 11473248AQDonna Soft Loafers - Women Donna Soft Loafers online on YOOX United Kingdom - 11487074VPAtp Atelier Sandals - Women Atp Atelier Sandals online on YOOX United Kingdom - 11176121WCDonna Soft Loafers - Women Donna Soft Loafers online on YOOX United Kingdom - 11486585LVDonna Soft Loafers - Women Donna Soft Loafers online on YOOX United Kingdom - 11487179SF , Jfk Ankle Boot - Women Jfk Ankle Boots online on YOOX United Kingdom - 11503265KGCalpierre Ankle Boot - Women Calpierre Ankle Boots online on YOOX United Kingdom - 11462107CRDonna Soft Loafers - Women Donna Soft Loafers online on YOOX United Kingdom - 11486977BR , Chelsea Paris Court - Women Chelsea Paris Courts online on YOOX United Kingdom - 11515413MP , Paola D'arcano Court - Women Paola D'arcano Courts online on YOOX United Kingdom - 11485852FR , Vanessa Seward Court - Women Vanessa Seward Courts online on YOOX United Kingdom - 11476082TR , Santoni Ankle Boot - Women Santoni Ankle Boots online on YOOX United Kingdom - 11483757LU , Atp Atelier Court - Women Atp Atelier Courts online on YOOX United Kingdom - 11496304CM , Hogan Rebel Sneakers - Women Hogan Rebel Sneakers online on YOOX United Kingdom - 11176259FXMangano Ankle Boot - Women Mangano Ankle Boots online on YOOX United Kingdom - 11452259RI
Rock Rodeo Ankle Boot - Women Rock Rodeo Ankle Boots online on YOOX United Kingdom - 11485491BCBenedetta Boroli Ankle Boot - Women Benedetta Boroli Ankle Boots online on YOOX United Kingdom - 11463507KQ , Gianni Barbato Court - Women Gianni Barbato Courts online on YOOX United Kingdom - 11534279MUwomen Lasonia Shoes Nude Platforms qualityDries Van Noten Ankle Boot - Women Dries Van Noten Ankle Boots online on YOOX United Kingdom - 11462324VF , Forever New ORIANA - High heeled sandals , mens/womens Steve Madden Pclinton Boots High grade , Adidas Anna Field Boots - black , Puma Golf Golf shoes Colour: puma blackmen's/women's Dolce Vita Haya Sandals economic , Patent ballet pumps with 2 straps , black, CastalunaFessura Sneakers - Men Fessura Sneakers online on YOOX United Kingdom - 11503577SEPony Sneakers - Men Pony Sneakers online on YOOX United Kingdom - 11496384LB , men/women Tory Burch Minnie Travel Sandal Sandals Known for its good qualitymen's/women's Under Armour UA Squad Sneakers & Athletic Under Armour selladidas Originals | adidas Originals Campus Suede Sneakers In Green B37847Nike Performance VAPORX 12 CLUB IC - Indoor football boots - black/anthracite/light crimsonMarni Sandals - Women Marni Sandals online on YOOX United Kingdom - 11511388PW , Pinko Court - Women Pinko Courts online on YOOX United Kingdom - 11396304MW , Eqüitare Sandals - Women Eqüitare Sandals online on YOOX United Kingdom - 11369849AX , Armani Jeans Sneakers - Women Armani Jeans Sneakers online on YOOX United Kingdom - 11561862HWFormentini Ankle Boot - Women Formentini Ankle Boots online on YOOX United Kingdom - 11479052ER , Bruno Premi Sandals - Women Bruno Premi Sandals online on YOOX United Kingdom - 11443499UC , MISS Sam Edelman Pewter Sandals CharacteristicMHDAOnhj Paul Smith Idella Rain Boot , lady Prada Black Cork Patent Platforms Rich on-time delivery , adidas By Stella McCartney For Blushed Pink SneakersStuart Weitzman Beige Broadband Pecan Comfy Calf Sandals , MISS Tory Burch Tan 12148382 Sandals Durable service , WOMEN Birkenstock Tan Florida Sandals Immediate delivery

No Name Sneakers 26909 - Women Sneakers No Name Sneakers online No on YOOX United Kingdom - 11305104UU d468fee - tonysbshop.com

No Name Sneakers 26909 - Women Sneakers No Name Sneakers online No on YOOX United Kingdom - 11305104UU d468fee
Previous Next
All Headlines Back to Top
Shoes 2576671
4177851
9027090
9567931
10556037
14479325
15317765
15534884
18207835