China has declined a request from the US for the defense chiefs of the two nations to meet this week. The US had proposed that Secretary of Defense Lloyd Austin meet his counterpart Li Shangfu in Singapore during the Shangri-La Dialogue, a marquee Asia-Pacific security gathering. Bill Faries reports on Bloomberg Television. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en