The COVID-19 pandemic has had a disastrous impact on the global transport sector with all the modes of transport, primarily air and maritime ones, experiencing a strong deterioration in activity at the global level. However, some markets, for instance rail freight between China and Europe, are benefiting from the situation. The report by COFACE credit insurance company titled «Global Transport: What does the future hold beyond COVID-19?» analyzes the current state of the global transport sector suffering a heavy blow from the pandemic and presents three scenarios for the recovery of the sector.

In 2020, China became the main trading partner of Germany and the EU. The German economy is the strongest in Europe, and China is the driver of global economic growth. Therefore, the ties between Germany and China are of particular importance for the development of the Eurasian railway route.