Behind the scenes at a key summit in China, it's all about trade talks. Live from the UK, this is the Marketplace Morning Report from the BBC World Service. I'm Sarah Rogers. Good morning. And we start in China where a summit for world leaders has descended into sideline trade talks. President Xi Jinping has been speaking to world leaders, including Russia and India,

at the Shanghai Cooperation Organization, where he's pledged $280 million to support its partner

members. The Chinese leader also urged the group to speed up plans to establish its own

development bank, saying the country will contribute around one and a half billion dollars.

This, of course, set against the backdrop of trade tariffs from President Trump's administration.

The BBC's Stephen MacDonald is in Tianjin, where the summit is taking place.

Hi, Stephen.

Hello, how are you going?

Very well. So, I mean, this is known as a security summit, but the focus has moved very much onto economics with some very powerful nations involved. Just tell us a bit more about what's been happening.

Yes, well, the Shanghai Cooperation Organization started off as a body all about security. So it was

Russia, China and the stands. And then afterwards,

following years, India and Pakistan joined and Belarus. And they've got these other countries

coming along as well, the likes of Iran, Saudi Arabia, Malaysia, Indonesia, Turkey even, as sort of observer nations.

And as it's grown, what the body does has changed and they've expanded their focus.

To now be looking at questions of economics, Xi Jinping, when he spoke today, he was talking it up as a multilateral trade organisation as well as one that deals with

security. Has this summit become a place to look for new trade partners? We know India's been hit with

50% trade tariffs. Are these sort of side meetings overshadowing the summit itself? In a case of

spectacularly good timing for Xi Jinping, India's leader has come here to try to rebuild the relationship between the world's two most populous nations, just as the Trump administration's tariffs are hitting India, up to 50%.

Now, India is looking around for other trade partners and Xi Jinping

may all say, well, here we are, you know, imagine what we can achieve together. One thing,

for example, that Narendra Modi mentioned is that direct flights were going to resume between

the two countries. Now, I think many people who are not Indian or Chinese probably didn't even realize there were no direct flights.

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