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In 2021, the EU exported €223 billion of goods to China and imported goods worth €472 billion. China is thereby Europe’s foremost trading partner when it comes to imports of goods, of which a substantial part passes through EU ports, in particular maritime ports.
A UBS report has found that the Covid-19 pandemic could accelerate the shift from air to rail, post-lockdown, with greater than expected growth in the rail industry over the next 10 years