The crisis has demonstrated how essential the logistics industry really is. The impact on logistics companies has varied depending on the types of goods they transport and which industries they serve

The PwC’s Quarterly Review describes the state of the Chinese economy during the most challenging phase of pandemic-related constraints. The research focuses on the state of the private sector of the economy, the country’s exports and imports, and employment.

Geographically and historically, transport and trade have united Eurasia as much as geopolitical conflicts and imperial rivalries have kept it fragmented. Since the 2000s and even more so with the launch of the Belt and Road Initiative (BRI) and the Eurasian integration (EAEU) in progress, opportunities for a major diversification and modernization of the economies of continental Eurasia via transport and trade integration, at both a regional and global level, have risen dramatically and have in fact never been greater.

In the first five months of 2020, the total value of mutual trade between the EU and China carried out by railway transport, increased by 21.22% year-on-year (47.42% more in May than in January 2020) . This development allowed rail transport to increase its share in the total trade volume from 2.83% in January-May 2019 to 3.47% in January-May 2020.