the battle for global economic dominance. we travel to indonesia for a front row seat to the intensifying rivalry between china and the united states. plus, a great day for boeing at the opening of the dubai airshow. we'll have the latest deals from one of aviation�*s most exciting events. hello and welcome to asia business report. i'm monica miller. we begin with a meeting between the us presidentjoe biden and his indonesian counterpart, joko widodo. the two leaders are preparing for an asia pacific economic cooperation summit in san francisco. with the us and china locked in a battle for global economic dominance, plenty of countries are paying close attention to what it might mean for them.

widodo�*s indonesia is no exception. from jakarta, our asia business correspondent, nick marsh, reports. this is a country on the move. super high—speed rail has come to indonesia. whoosh was built by chinese engineers and financed with chinese loans. once upon a time indonesia's largest trading partner was the united states. that train has left the station. now, it is china. they were given the nod to build this over america's ally and the master train makers, japan. this train is notjust the testament to chinese engineering. the fact it was chosen overjapan�*s offer is a vote of confidence in china. the truth is that countries

like indonesia are hungry for infrastructure and china is more than happy to provide it. but china cannot provide everything. this is boeing's brand—new office injakarta. presidentjoko and i started meeting when he was governor... the relationship goes back a long way. indonesia is wary of the chinese military power and when it comes to defence, it still turns to old friends, buying commercial and military hardware. american companies including boeing get that this region is important, nestled next to china and india, two huge markets that american companies and boeing care about deeply. indonesia matters and indonesia is an incredible market today, but we see the future is even brighter. ask young people, though, they will tell you that their future lies with china. these students injakarta

are learning mandarin. translation: china is our neighbour - and it is progressing fast. i think china will be a very powerful country in the future, so i think it makes sense to learn chinese. china is also streets ahead when it comes to electric vehicles. and in the one of the world's most polluted cities, indonesians are betting on beijing. "our sales have been amazing," this car dealer told me. "there are people in indonesia that would "never imagine they would be able to own an electric vehicle "but we can offer value for money." the world that longed for american brands and products is changing. now the aspirational lifestyle is increasingly made in china. nick marsh, bbc news, jakarta. now to another southeast asian nation, malaysia, which last week said it will maintain ties

with hamas and will not punish the group. the comments from the country's leader anwar ibrahim were in response to a proposal by us lawmakers to sanction hamas�*s foreign supporters. a malaysian delegation, led by mranwar, is in san francisco to attend the annual apec summit. earlier i spoke to the country's trade and investment minister zafrul aziz who is at the summit. i started by asking him whether he expected kuala lumpur�*s stance on gaza to have an impact on its relationaship with washington. malaysia has always been consistent with our stance on the palestinian war. any war increased geopolitical risk. it will damage the stability of the global economy and therefore we are monitoring the situation closely.

to answer your question, we do not believe it will have any effect, but the us continues to be a major trader and investor as well to malaysia. from malaysia, what are the priorities to get out of this apec meeting? what are you hoping to achieve? we want to focus on areas where malaysia can play a part in. we want to focus especially on digital and green trade and investments and we hope that apec, with its 21—member economies, home to more than 2.95 billion people, representing 62% of the world's gdp, can help our country and the region to do better economically. a lot of companies are looking to move their supply chains outside of china, notjust because of the geopolitical tensions, but also because of the some things that have happened during covid. malaysia is one of those potential places. have you seen a lot of businesses interested in moving their supply chains away from the mainland to your country? us companies in china and other

companies in china are looking at realigning their supply chain as they are looking at supply chain resiliency. so asean, you are right, is a net beneficiary, i'm not sure how long it will remain open pilaster for example the global mbi was down and last year was up by 5%, so malaysia, we have seen the numbers in the first quarter investments go up 60% and that is partly to do with many companies realigning their supply chain. to sri lanka now where the government has unveiled an ambitious budget for 202a. the crisis—hit island nation is aiming for a fiscal deficit target of $8.7 billion, orjust over 9% of its gdp. that's smaller than the deifict requested by the international monetary fund under its bailout programme. business correspondent archana shukla joins us from mumbai.

glad to have you on the programme. this seems ambitious for sri lanka. absolutely. it seems like an ambitious target especially on the budget deficit and revenue targets they given but if you see, ranil wickremesinghe, the finance minister, is struggling to balance two things. one is meeting conditions under the imf bailout package where keeping an eye on revenue and the budget deficit is very crucial but at the same time he has tried to also keep an eye on the upcoming presidential elections in 2024. the focus is wreaking up state revenues. they failed the revenues. they failed the revenue targets as per the imf september and the second tranche of the power money was delayed and hence dave hughes the budget to help break that “p the budget to help break that up and the lightest share of the revenue will come from taxes on goods and services and they are projecting a 47%

increase in tax revenue for the country in 2024 which most analysts say will be a very ambitious target especially in ambitious target especially in a time when no other revenue generating options have been listed by the government. on expenditure, we see there is an increase of 33% and expenditure, almost 50% of that going to repay debt as well as interest payments, a large chunk also, the second—largest child going for welfare schemes and an increase in state salaries and for government servants with a keen eye on presidential elections next year where the government has actually battling a drop in approval rating in the country. archana shukla, thank you for the update. boeing shares have ended the session more than 4% higher. the plane maker had a stellar first day at the dubai airshow, as emirates and sister airline flydubai secured 125 boeing wide bodyjets. our middle east business correspondent, sameer hashmi, has more.

there has been an action—packed day at the opening of the dubai airshow with some major aircraft deals announced. the big one coming from emirates which has signed in agreement with boeing to purchase 90 777x jets for a deal worth $52 billion. this is a big boost for boeing because its 777x jet programme has been beset by ongoing delays and delivery is only expected by 2025. but emirates were not the only one to go shopping. low—cost carrier flydubai has announced it will be purchasing 30 787 dreamliners, while turkey's sunexpress has placed a firm order for 45 737 max jets and is looking to add another 45 over the next few years. more deals are expected to be announced during the course of the airshow. the two main reasons why airlines are in a rush to place these major orders —

the first, a lot of them were looking to replace their ageing fleet but couldn't do do that to covid—i9 and have embarked on those plans now. and the second is, of the two largest plane makers, boeing and airbus have been struggling to meet delivery timelines due to a huge backlog. it is a key reason why airlines are worried if they do not place orders now, they could push back expansion plans in years to come. that is what we could expect some more big orders during the course of the next few days. sameer hashmi, bbc news, dubai. shares of bonovo nevada, nordic, rather, jumped 3% on last training session after data released the drug maker over the weekend seem to confirm its popular obesity wonder drug has high protective benefits. that's all we have on this edition of asia business report. bye for now.

voice-over: bbc, bringing you different stories - from across the uk. they are the tallest land mammal and have blue and black tongs to prevent sunburn. she is a pretty unique animals and these worldwide experts would agree. we these worldwide experts would auree. ~ ., ., agree. we want to release them back to an _ agree. we want to release them back to an environment - agree. we want to release them back to an environment full- agree. we want to release them back to an environment full of l back to an environment full of other reinforced... back to an environment full of other reinforced. . ._ back to an environment full of other reinforced... they come to . ether other reinforced... they come together at — other reinforced... they come together at bristol _ other reinforced... they come together at bristol zoo - other reinforced... they come j together at bristol zoo project together at bristol zoo project to share best practice. giraffes, for me, i pretty special. giraffes, for me, i pretty special-— giraffes, for me, i pretty secial. :: , ., ., special. 20 years ago when i started in — special. 20 years ago when i started in susa _ special. 20 years ago when i started in susa they - special. 20 years ago when i started in susa they were i special. 20 years ago when i | started in susa they were the first— started in susa they were the first animal i worked with and ever— first animal i worked with and ever since _ first animal i worked with and ever since then i've had a real passion — ever since then i've had a real passion for— ever since then i've had a real passion for them. the idea of this— passion for them. the idea of this conference is to basically increase _ this conference is to basically increase all our knowledge on training, _ increase all our knowledge on training, on things like hoof care, — training, on things like hoof care, on— training, on things like hoof care, on blood rule, all sorts of stuff— care, on blood rule, all sorts of stuff we _ care, on blood rule, all sorts of stuff we do with our animals. i of stuff we do with our animals-— of stuff we do with our animals. ., , �*, , animals. i love this, it's my favourite — animals. i love this, it's my favourite part _ animals. i love this, it's my favourite part of _ animals. i love this, it's my favourite part of my - animals. i love this, it's my favourite part of my job - animals. i love this, it's myj favourite part of my job and animals. i love this, it's my. favourite part of my job and i favourite part of myjob and i love people coming from all over to get together in one big

melting pot of ideas. if over to get together in one big melting pot of ideas.— over to get together in one big melting pot of ideas.- melting pot of ideas. if you go on safari you _ melting pot of ideas. if you go on safari you are _ melting pot of ideas. if you go on safari you are pretty - melting pot of ideas. if you go on safari you are pretty much | on safari you are pretty much the draft _ on safari you are pretty much the draft but they are experiencing what we call a silent — experiencing what we call a silent extinctions and no—one realises— silent extinctions and no—one realises they are disappearing. they're — realises they are disappearing. they're very friendly, aren't they, — they're very friendly, aren't they, as animals. _ they're very friendly, aren't they, as animals. they- they're very friendly, aren't . they, as animals. they always keep— they, as animals. they always keep us— they, as animals. they always keep us lovely— they, as animals. they always keep us lovely and _ they, as animals. they always keep us lovely and at - they, as animals. they always keep us lovely and at what - they, as animals. they always keep us lovely and at what do| keep us lovely and at what do you like — keep us lovely and at what do you like about _ keep us lovely and at what do you like about giraffes? - keep us lovely and at what do you like about giraffes? the“ you like about giraffes? they are vegetarian! _ you like about giraffes? they are vegetarian! it's _ you like about giraffes? they are vegetarian! it's a - you like about giraffes? they are vegetarian! it's a good i are vegetarian! it's a good example for us.— are vegetarian! it's a good example for us. these experts are sticking — example for us. these experts are sticking their— example for us. these experts are sticking their necks - example for us. these experts are sticking their necks out. example for us. these experts are sticking their necks out to | are sticking their necks out to speak up about the plight of the draft. voice-over: for more - stories from across the uk, head to the bbc news website. hi. i'm eddie with the catch up. tonight — electric motorbikes being used illegally, benefit changes and an escaped emu. but first, there's been some changes in who's running the country, as prime minister rishi sunak reshuffled his top team. first up, former prime minister david cameron is back in a move that took everyone by surprise. he was in charge between 2010 and 2016 and is now responsible for the uk's foreign relations.

it's all after the minister in charge of security and immigration, suella braverman, was sacked after comments about policing of the marches against the war in gaza. james cleverly, who had been foreign secretary, has replaced her. some other stories now. electric motorbikes may be increasingly popular, but police want more powers to stop anti—social behaviour and dangerous riding. the bbc has been out with officers in bristol, seeing a rise in illegal use. big benefit changes could be on the way from 2025 for people who can't find work because of health issues. the bbc found the proposals, which may save £4 billion, could see many more people forced to find work despite living with physical and mental health conditions. and in football, cole palmer, ezri konsa and rico lewis have been called up to the england squad

for the first time ahead of upcoming euro 2024 qualifiers. time now to leave you with 10 seconds of an escaped emu, after the bird was caught on camera on the front doorstep of a house on a street in suburban kent. good news though, he was safely returned home. you're all caught up. bye now.

hello there, and welcome to sportsday. i'm will perry, here's what's coming up: a final farewell to a footballing great: thousands line the streets for the funeral of manchester united and england legend, sir bobby charlton. carlos alcaraz is beaten on his atp finals debut, as alexander zverev fights back to win in turin. and, we hearfrom england's managing director rob key, as their dismal defence of the cricket world cup comes to an end. welcome along to sportsday.

we'll start in manchester, where thousands lined