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Transcripts for BBCNEWS World Business Report 20220224 05:45:00

havens, but is anywhere that is the question and investors here are closely watching how this could impact asia as well because of course for both russia and ukraine, for both russia and ukraine, for example, china is the biggest export market and they have been interesting observations about how oil and gas will not be sold to europe but china may be willing to buy more from russia. at the same time, russia has its own economy interests. it is part of the belt and rode initiative. china and russia have been working together on a lot of infrastructure projects as well so it has been quite a tricky balancing act from beijing in terms of what has been happening in eastern europe. other countries, japan for example, thank it will likelyjoin us and its allies

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