Versace oddfellow-2305 Collection Sneakers - Men Kingdom Collection Versace Collection Sneakers online on YOOX United Kingdom - 11463346DJ ea7db2a




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Versace oddfellow-2305 Collection Sneakers - Men Kingdom Collection Versace Collection Sneakers online on YOOX United Kingdom - 11463346DJ ea7db2a - tonysbshop.com

    Versace oddfellow-2305 Collection Sneakers - Men Kingdom Collection Versace Collection Sneakers online on YOOX United Kingdom - 11463346DJ ea7db2a
Versace oddfellow-2305 Collection Sneakers - Men Kingdom Collection Versace Collection Sneakers online on YOOX United Kingdom - 11463346DJ ea7db2a

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.

Versace oddfellow-2305 Collection Sneakers - Men Kingdom Collection Versace Collection Sneakers online on YOOX United Kingdom - 11463346DJ ea7db2a - 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.

Hundred 100 Boots - Men Hundred 100 Boots online on YOOX United Kingdom - 11505577QXLeather Crown Sneakers - Men Leather Crown Sneakers online on YOOX United Kingdom - 11536653UR , Versace Collection Sneakers - Men Versace Collection Sneakers online on YOOX United Kingdom - 11465230FECafènoir Flip Flops - Men Cafènoir Flip Flops online on YOOX United Kingdom - 11157671XNDirk Bikkembergs Sneakers - Men Dirk Bikkembergs Sneakers online on YOOX United Kingdom - 44999015OTAdidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11462373QB , Just Cavalli Sneakers - Men Just Cavalli Sneakers online on YOOX United Kingdom - 11567942SL , Alberto Guardiani Sneakers - Men Alberto Guardiani Sneakers online on YOOX United Kingdom - 11253536VLCarlo Soldaini Sneakers - Men Carlo Soldaini Sneakers online on YOOX United Kingdom - 11349405DE , Dirk Bikkembergs Sneakers - Men Dirk Bikkembergs Sneakers online on YOOX United Kingdom - 11152560DNAlberto Guardiani Sneakers - Men Alberto Guardiani Sneakers online on YOOX United Kingdom - 11568057RS , Leather Crown Sneakers - Men Leather Crown Sneakers online on YOOX United Kingdom - 11228403WCSerafini Luxury Sneakers - Men Serafini Luxury Sneakers online on YOOX United Kingdom - 11568073MWAlberto Guardiani Boots - Men Alberto Guardiani Boots online on YOOX United Kingdom - 11568020BMCarlo Soldaini Loafers - Men Carlo Soldaini Loafers online on YOOX United Kingdom - 11355125VV , Fratelli Rossetti Boots - Men Fratelli Rossetti Boots online on YOOX United Kingdom - 11352005BJAnn Demeulemeester Sneakers - Men Ann Demeulemeester Sneakers online on YOOX United Kingdom - 11572629CMFabiano Ricci Sneakers - Men Fabiano Ricci Sneakers online on YOOX United Kingdom - 11548483FCManuela Dardozzi Sneakers - Men Manuela Dardozzi Sneakers online on YOOX United Kingdom - 11570263FTFabiano Ricci Sneakers - Men Fabiano Ricci Sneakers online on YOOX United Kingdom - 11548494OC , Ghōud Venice Sneakers - Men Ghōud Venice Sneakers online on YOOX United Kingdom - 11548859LF , Marc May Sneakers - Men Marc May Sneakers online on YOOX United Kingdom - 11557379WUFratelli Rossetti Loafers - Men Fratelli Rossetti Loafers online on YOOX United Kingdom - 11557986TK , Fabiano Ricci Sneakers - Men Fabiano Ricci Sneakers online on YOOX United Kingdom - 11548475RR , Ghōud Venice Sneakers - Men Ghōud Venice Sneakers online on YOOX United Kingdom - 11545421LANew Balance Sneakers - Men New Balance Sneakers online on YOOX United Kingdom - 11512470HW , Ghōud Venice Sneakers - Men Ghōud Venice Sneakers online on YOOX United Kingdom - 11545437IPFabiano Ricci Sneakers - Men Fabiano Ricci Sneakers online on YOOX United Kingdom - 11546937BE , Fabiano Ricci Sneakers - Men Fabiano Ricci Sneakers online on YOOX United Kingdom - 11546945UW ,
Diadora Heritage Koala - Sneakers - Women Diadora Heritage Sneakers online on YOOX United Kingdom - 11460219CGLorenzo Mari Ankle Boot - Women Lorenzo Mari Ankle Boots online on YOOX United Kingdom - 11529841EJ , Bams Ballet Flats - Women Bams Ballet Flats online on YOOX United Kingdom - 11133995USLADY ALDO Black/Brown Sandal Wedges diversityChristian Louboutin Denim Blue Silver White Lou Degra Spikes Studded Hi High Top Sneakers Sneakers , ladies Madewell Brown Sandals Lush design , MISS Suede Nude Ophelia Sandals superiorShop ★ Art Sneakers - Women Shop ★ Art Sneakers online on YOOX United Kingdom - 11359088CBStuart Weitzman Pink & Green Snakeskin Python Kitten Heels SandalsMTNG 55211 Afelpado Piedra-oro FASHION SANDALS FOR WOMENTeva TERRA FI LITE - Walking sandalsAir max vision trainers , black/blue, NikeWoden YDUN CROCO - Trainersman/woman SAS Tour Mesh Sneakers & Athletic SAS QueenslandAdidas Steve Madden SENSAI - Boots - black , Buffalo London FANCON - High heeled sandals Colour: burdeos , Bark Sneakers - Men Bark Sneakers online on YOOX United Kingdom - 11129153OI , Pànchic Sneakers - Men Pànchic Sneakers online on YOOX United Kingdom - 11547924DETrussardi Sneakers - Men Trussardi Sneakers online on YOOX United Kingdom - 44909590DDDoucal's Boots - Men Doucal's Boots online on YOOX United Kingdom - 11544277AO , Wide fit patent leather ballet pumps, sizes 38-45 , black, Castaluna , mens/womens Kenneth Cole Reaction Design 20287 Sneakers & Athletic Kenneth Cole Reaction Most practicalLerre Ankle Boot - Women Lerre Ankle Boots online on YOOX United Kingdom - 11484629IBReplay Ankle Boot - Women Replay Ankle Boots online on YOOX United Kingdom - 11494916EIHigh quality and low overhead J. Renee Delroy , lady Jimmy Choo Nude Porter Wedges Known for its good quality , Sam Edelman Black and Tan Ankle Strap Wedge Sandals , WOMENS Tory Burch Black Blossom Sandals Buy onlineBurberry Navy Nova Check Sneakers 36 SneakersWomen's Balenciaga Black Studded Caged Wedges Comfort

Versace oddfellow-2305 Collection Sneakers - Men Kingdom Collection Versace Collection Sneakers online on YOOX United Kingdom - 11463346DJ ea7db2a - tonysbshop.com

Versace oddfellow-2305 Collection Sneakers - Men Kingdom Collection Versace Collection Sneakers online on YOOX United Kingdom - 11463346DJ ea7db2a
Previous Next
All Headlines Back to Top
Shoes 2664737
5494842
6653100
7253547
11142838
15084042
15511511
16862219
17197521