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Transcripts for BBCNEWS World Business Report 20240604 05:47:00

well, ben earlier today he said he would consider holding the bell and road initiative summit in china next year. that is a pretty big statement for a country that has been largely close throughout the pandemic and that is really weighing on the rest of the region. china has traditionally supported a lot of the countries in the asia pacific, nikki lily the emerging markets. mrxi asia pacific, nikki lily the emerging markets. mr xi was scheduled to give a speech yesterday ahead of the summit but instead cancelled and provided a written statement, in which he did say that china would open up at some point, that the success of china would be beneficial to the region and to the rest of the world, but he also made a very stark warning. he said that the asia pacific should not be treated as anyone s backyard, and that they should be no power plays. he said there was a return to cold war mentality in the region. now, that of

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