US-China trade talks set to begin in Switzerland

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• 00:00

  Hello and welcome to World Business Report on the BBC World Service.

• 00:04

  Will Bain with you today.

• 00:04

  Great as always to have your company.

• 00:06

  So, finally, the US and China seem ready to talk trade truces.

• 00:11

  But what realistically can be achieved when the two sides meet for the first time this weekend?

• 00:15

  We'll be doing a little bit of expectation management here on WBR in just a moment.

• 00:21

  Also today, the boss of the global fashion chain, Zara,

• 00:24

  tells the BBC that the EU should close the tax loophole which allows Shein and Timu,

• 00:29

  Chinese exporters, to ship low-value goods to customers.

• 00:33

  We have been asking for this 11-plane field in order to have the same set of rules for any single competitor.

• 00:42

  And we'll be in India to see what people there make of a postponement of one of the world's biggest sporting brands,

• 00:48

  the IPL.

• 00:49

  My family especially loves this tournament so much that we even named our son Virat because of how much we love the game.

• 00:57

  But with what's going on between India and Pakistan, I get it.

• 01:01

  Safety comes first.

• 01:02

  Cricket can take a backseat for now.

• 01:05

  Yeah, and the big business of big sport,

• 01:07

  there's not many bigger than the Indian Premier League cricket tournament.

• 01:10

  So even if you're not a cricket fan,

• 01:12

  it's going to be a fascinating conversation a little bit later on here on World.

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