Complete specification Complete TRAINERS SKECHERS LOW-TOP 52384 LOW-TOP TRAINERS ba238f0

China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Complete specification Complete TRAINERS SKECHERS LOW-TOP 52384 LOW-TOP TRAINERS ba238f0 -

    Complete specification Complete TRAINERS SKECHERS LOW-TOP 52384 LOW-TOP TRAINERS ba238f0
Complete specification Complete TRAINERS SKECHERS LOW-TOP 52384 LOW-TOP TRAINERS ba238f0

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.

Complete specification Complete TRAINERS SKECHERS LOW-TOP 52384 LOW-TOP TRAINERS ba238f0 -
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.

Clearance sale VANS Va38cbu19-vans LOW-TOP TRAINERSgood quality VANS Vee3bka LOW-TOP TRAINERSExquisite workmanship NIKE 819802-nike LOW-TOP TRAINERS , Highly appreciated and widely trusted in and out REEBOK Cn4560-reebok LOW-TOP TRAINERS , high quality product GEOX U84r3f-geox LOW-TOP TRAINERSQuality and consumer first REEBOK Cn3100-reebok LOW-TOP TRAINERS , Good quality SKECHERS 65406-skechers LOW-TOP TRAINERS , Modern mode LEVIS 227240727-levis LOW-TOP TRAINERS , Rich on-time delivery GEOX U52t5c-geox LOW-TOP TRAINERS , cheap price NIKE Aq1775-nike LOW-TOP TRAINERS , Cost-effective YUMAS Griffin-yumas LOW-TOP TRAINERSThe first batch of customers' comprehensive specifications VANS Va38cbc4r-vans LOW-TOP TRAINERS , Perfect processing REEBOK Cn4562-reebok LOW-TOP TRAINERSVarious PUMA 365278-puma LOW-TOP TRAINERS , At a lower price woman Unknown Wedges WholesaleMedium cost Women's Plaid Wedges superiorAttractive fashion MISS Hunter Wedges NiceElegant style womens Cream Wedges Negotiate , Cheaper than the price WOMEN Black/Tan Wedges Elegant , Online women ALDO Wedges FashionAffordable Ladies Turquoise Wedges ExcellentSales Italy LADY Gold Wedges durability , comfortability woman Halogen Wedges economyNew design ladies Nude Wedges durability , First grade in its class WOMEN Dansko Wedges diversity , a wide range of products lady LifeStride Wedges WholesaleElegant and sturdy packaging woman Ash Wedges finishing , Carefully selected materials lady Lanvin Wedges quality , Let our goods go to the world LADY Zara Wedges Excellent
Giannelli® Firenze Ballet Flats - Women Giannelli® Firenze Ballet Flats online on YOOX United Kingdom - 11544364TW , SEjzk4w7 men's/women's Clergerie Abricet Heels uniqueAdidas Originals Eqt Support Mid Adv - Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11480995WGNike Classic Cortez Leather Lux - Sneakers - Women Nike Sneakers online on YOOX United Kingdom - 11210454CA , N.D.C. Made By Hand Boots - Men N.D.C. Made By Hand Boots online on YOOX United Kingdom - 11514119DW , LADY Jimmy Choo Black Shimmer Sandals Exquisite (medium) workmanshipWOMEN Giuseppe Zanotti Purple Sneakers Complete specification area , VICTORIA 9512 FASHION ANKLE BOOTS FOR WOMENwomens Daisy Fuentes Black Wedges Perfect workmanshipEmerica | Emerica Provost sneaker in blackman/woman Pelle Moda Nora Heels finemen/women Bella-Vita Grayson Heels Primary quality , ALDO PALINIRA - Ballet pumps , Cole Haan Larue Grand Pump 85mmMerrell VAPOR GLOVE 3 LUNA - Trainers - granitePuma Sneakers - Men Puma Sneakers online on YOOX United Kingdom - 11544308KFAdidas Sneakers - Men Adidas Sneakers online on YOOX United Kingdom - 11296341XLAdidas Pinto Di Blu Over-the-knee boots - anix / rekeol , Giuseppe Zanotti Sandals - Men Giuseppe Zanotti Sandals online on YOOX United Kingdom - 11362587KENike Sneakers - Women Nike Sneakers online on YOOX United Kingdom - 11573528IO , Ebarrito Sneakers - Women Ebarrito Sneakers online on YOOX United Kingdom - 11457029WL , Angel Court - Women Angel Courts online on YOOX United Kingdom - 11546489HGFitflop Flip Flops - Women Fitflop Flip Flops online on YOOX United Kingdom - 11549576GOPolice 883 Sandals - Women Police 883 Sandals online on YOOX United Kingdom - 11193689TRAlaïa Ballet Flats - Women Alaïa Ballet Flats online on YOOX United Kingdom - 11508818GTAir Jordan Pink/White Carmine 6 SneakersElegant style Reef Fanning Mesh , ladies Nike Men’s Huarache New Sneakers Known for its excellent qualityVans Black and Charlie-brown-yellow Old Skool Charlie Brown Sneakers , MISS Christian Louboutin Black/White Platforms special purchase ,

Complete specification Complete TRAINERS SKECHERS LOW-TOP 52384 LOW-TOP TRAINERS ba238f0 -

  • Copyright © Chosunilbo &
Complete specification Complete TRAINERS SKECHERS LOW-TOP 52384 LOW-TOP TRAINERS ba238f0
Previous Next
All Headlines Back to Top
Shoes 1626880