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hello and welcome to business live. chinese president xijinping is in russia for talks with his counterpart vladimir putin today. trade is set to be top of the agenda ahead of the 620 meeting of global leaders later this month. the visit will be xi s sixth tour to russia since taking office in 2012. and their meetings seem to be bearing fruit according to china, trade between the two increased by over 26% in the first four months of the year, reaching nearly $25 billion. cooperation is increasing too. russia will be a key component of china s ‘belt and road initiative an ambitious multi trillion dollar project that will link europe and asia via the historic silk road. as part of the project and as a symbol of this close relationship beijing has even agreed to help finance a high speed rail link within russia itself: linking moscow to the city of kazan. joining me now is dr yujie, head of china foresight, at lse ideas. thank you for coming in to doctor us. thank you
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