Let's talk about the tight economic relationship between China and Serbia.

Hello, I'm Leanna Byrne and thanks for tuning in to the Marketplace Morning Report and we're live from the BBC World Service.

China's President Xi Jing Ping is continuing his trip to Europe and visiting Serbia today.

The trip marks the 25th anniversary of the Chinese embassy there,

being bombed by US planes during the NATO campaign to end the Kosovo war.

But also another big part of this visit are economic cooperation talks.

China is Serbia's second biggest trading partner.

Here's the BBC's Mariko Oi. The country of

course has been trying to join the EU's a bilateral trade deals will end if and

once the country joins the EU but at least until then they want to embrace the Chinese money.

Also, in terms of investments, it's huge.

Chinese companies have invested more than 5 billion US dollars into especially copper mining and a steel processing plant.

Also of course there's a high speed rail built by the Chinese from Budapest, the Belgrade,

worth almost 3 billion dollars.

I think a lot of experts are expecting some kind of update or more investments possibly

into that high-speed rail that I've mentioned from Budapest to Belgrade.

You know that's been a huge interest in Serbia but also from the Chinese point of view,

you know, they want to show that they are very much invested in key infrastructure of European

countries so that's somewhere that we might get some kind of announcement.

Mariko Oi there now let's see the numbers. Sweden Central Bank has cut interest rates for the first time in eight years down a quarter

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