Homepage / Asia / Trump is signaling he's about to lash out at China — here's what Beijing is thinking
Как Стать Стримером Казино%3F Что для Этого Нужно%3 Best Game Software How to Design Engaging and Effective Educational Events Winline Делает Разницу! Букмекерская Контора Winline Онлайн Ставки На Спорт Making Corporate Travel Arrangements Business Virtual Data Room Stock Market Tips For Beginners What to Look for in a VDR Provider Why You Need a Secure Data Room Learning in the Digital Age How to Apply For Business Loans VDR and Document Management Performance Management and HR Outsourcing Modern Business Integration How to Choose the Right Board Portal Software for Your Company How to Choose a Data Storage Room Why Startups Use a Data Room for Investors The Best Web Tools for Designers Use Cases For Using VDR Documents Subsidy Programs and Financing Innovative Technologies for Audit What Is Real Estate Management? Investment and Funds Inspiring Teaching Books What Are the Benefits of a Virtual Data Room? Startups and Business Ideas How to Improve Virtual Board Communication The Lego Company History Investing in the Biotech Industry Financial Startup Basics Jogue Por Dinheiro Actual Em Cassino Onlin Virtual Communication Methods for Remote Leaders How to Choose the Best VDR Providers How Successful Online Businesses Succeed How Business Experts Fuel Innovation and Create Competitive Edge The IT World and Business Deal Making Software and How it Can Help Your Business Virtual Data Room Software Types of Steel Materials and Their Uses Board of Directors Software Bonver Casino Cz Hrací Automaty S Bonusem Zdarm Magazyn Żużel Speedway W Polsce I Na Świeci What Is Logistics School? What Is the VDR for Acquisition? The Best Data Room Apps For Startups Best Practices for Creating an Effective Board Meeting Agenda How to Choose the Best Shareholders Online Platforms Ostdeutsche Biersorten Getting a Construction Management Degree How to Select an Online Data Room Provider Start Your Blog Without Investment What to Look for in a Board Room Provider Data Room Comparison – Which Data Room Is Right For Your Business? Zakłady Sportowe Online Autógrafo Bukmacherska 1xbe “Pin-up O Melhor Cassino Do Brasil Web Site Oficial ᐈ Jogar Caça-níquei Rotating Events in Our Time How to Choose the Best Business Software Choosing an Online Payment Processor Due Diligence Software Virtual Data Room Providers for M&A Due Diligence The Best Online Data Room Benefits of a Due Diligence Data Room Best Practices for Data Rooms Types of Corporate Governance What Is Virtual Data Storage? Benefits of Document Distribution Software The Benefits of a Data Room for Startups Effective Project Management Requires a Mix of Technical and People Skills Top 5 Free File Sharing Services Zakłady Sportowe Online Obstawiaj U Bukmachera Gg Be Speed Up Your Business Valuation With a Data Room How to Choose the Best Board Management Software for Business How to Write Effective Board Decision Papers Choosing Board Meeting Software The Benefits of Document Distribution Software Why Startups Need a VDR for Start-Up Virtual Data Room for Ipos and the IPO Process What is a Board Portal? What Industries Use Virtual Data Room? Advantages of a Data Room What Does a Board Room Provider Do? Data Room Analysis for Venture Capital Funding The Importance of Board Reporting Software Safe Uploading and Downloading Business Files How to Select the Best Board Management Software How to Organize the Work of a Company “gerçek Parayla En Iyi Slot Makineleri Ve Spor Bahisler Which is the Best Podcast For Stock Market Beginners? Virtual Data Room Facts How to Protect Confidential Documents for Boards Advantages of Online Meetings Business Issues to Consider When Choosing a Data Room Provider What Is a Data Room? Virtual Board Room Software Due Diligence Risk Factors How to Choose a Reliable Tool for Data Exchange test Users535352253 Board Software and VDR Programs Business Operations Management Software

Asia

Trump is signaling he's about to lash out at China — here's what Beijing is thinking

China is bracing for a clash with the U.S. when President Donald Trump announces potentially aggressive trade measures against Beijing. White House officials told CNBC the president will make deliver a speech on Friday targeting Chinese intellectual property and trade practices. Here is how people in China are reacting.

The official Chinese response has largely been critical but subdued. On Thursday in Beijing, the Chinese Commerce Ministry played up the U.S.-China trade benefits, but dismissed the notion that China has not done enough to protect intellectual property.

“I would like to emphasize that the Chinese government has always put strong emphasis on the protection of intellectual property rights,” ministry spokesman Gao Feng told reporters at a regular press briefing. “The results are obvious to all.”

When asked about the speculation that U.S. Trade Representative Robert Lighthizer could initiate an investigation into Chinese trade practices using section 301 of the Trade Act of 1974, which allows the president to unilaterally impose restrictions to protect American industries, Gao reiterated China’s position that disputes should be taken to the World Trade Organization.

“Any trade measures taken by WTO members should abide by the rules of the WTO,” Gao said.

Lighthizer and other Trump administration officials have been critical of how the WTO manages international disputes.

Government officials, who spoke on the condition of anonymity, told CNBC that China is in wait-and-see mode with the White House.

They want to see if Trump will actually take action and what the details of any measures might be, they said.

So far, despite Trump’s tough talk, Beijing has seen no 45 percent tariff on Chinese goods, no border tax, and no quotas on steel.

That said, China has seen action on the Trump administration’s crackdown on certain Chinese entities with business dealings in North Korea. And for their part, officials and government researchers say they are miffed that the U.S. is linking the North Korea nuclear issue with U.S.-China trade.

This week, the country’s vice commerce minister said that the two are “completely different domains.”

One officer told CNBC that, from the Chinese perspective, connecting the two issues makes little sense: Just because China and the U.S. don’t see eye-to-eye on one issue doesn’t mean the two can’t do business, he explained.

The Chinese state media tends to be more openly critical, and, on Thursday, the government-backed China Daily attacked Trump’s expected announcement.

In an editorial, the newspaper described the possible restrictions as “worrying” with the potential to “spark a trade war.” The paper argued that, depending on the action, “China will have no choice but to take retaliatory measures.”

It’s important to note that the state media is not the official government reaction, but articles and editorials are vetted by authorities, so the media response helps gauge Beijing’s outlook on various topics.

U.S. companies in China are in a tough spot.

On the one hand, many business executives have told CNBC they want the Trump administration to focus more on intellectual property theft as well as market access instead of manufacturing and the trade deficit.

Scott Palmer, an intellectual property expert with law firm Sheppard, Mullin, Richter, and Hampton, said the U.S. needs to press for greater trade secret protection, easier trademark filings, and cooperation to fight counterfeits sold online.

However, several American businesses are also feeling vulnerable to retribution in one of their key markets. And since Trump’s election, Chinese officials and the state press have already said that, if need be, China would prepare for tit-for-tat retaliation.

What is also worrying executives in China is the possibility that retaliation could affect entirely different industries. For example, back in 2009, the Obama administration slapped a hefty tariff on Chinese tires. Soon after, Beijing imposed penalties on U.S. chicken parts — costing American poultry producers.

The two issues weren’t explicitly linked, but the timing raised eyebrows.

Executives are also concerned that the business climate could get even tougher for U.S. companies more generally. Top corporate complaints these days include tighter controls on the internet and crackdown on virtual private networks, requirements for data storage on local servers, as well as uncertainty about getting money out of the country.

American companies want the U.S. government to help, but they are nervous about the real impact on their operations.

Source: cnbc china
Trump is signaling he's about to lash out at China — here's what Beijing is thinking

Comments are closed.