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Beijing loses US-China conference to Singapore

Michael Bloomberg, Henry Kissinger and Hank Paulson have picked Singapore over Beijing for their next annual conference on US-China relations.Bloomberg, the former New York City mayor and owner of the eponymous financial information group, told the Financial Times that “logistics”, including Singapore’s Covid-19 safety record and the “very concerning” conditions in China for journalists, had…

Canada imposes duties on upholstery from China and Vietnam

OTTAWA – Upholstered furniture from China and Vietnam sold in Canada now is subject to country-wide duties of 295.5% and 101.5%, respectively, after a preliminary determination of dumping by the Canadian International Trade Tribunal.CITT found “reasonable indication” that dumping and subsidizing of upholstered seating made in China and Vietnam has or is threating to damage…