Bloomberg moves new forum for elites from China to Singapore amid fallout of trade war
2018-08-30 09:52:32 source：Straits Times
August 30, 2018
WASHINGTON (NYTIMES) -- Fallout from the trade war between the United States and China has prompted Michael Bloomberg, the billionaire media executive and former mayor of New York City, to relocate what was planned as a conference of global business and political leaders in Beijing. The event was to rival Davos, the elite annual conclave in Switzerland.
Organisers in New York are moving the event to Singapore, where it is to take place over two days in the first week of November. Bloomberg made the decision after a Chinese partner asked organisers last week to postpone the event, according to people with knowledge of the planning.
Instead, the partner told organisers, President Xi Jinping and other leaders in China want to spotlight an import expo in Shanghai to bolster international interest in trade with the country.
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