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The considerable increase in China-Europe railway shipping volumes has positively influenced the development of the entire Russian transport system over the past few years. Enhancing Russia’s transport and transit potential will increase the revenue of manufacturing/processing companies, the budget and the income of employees and have major geopolitical implications
The trade relationship between China and the US has been deteriorating, a trend that began during the Trump administration and has continued under Biden. While the EU has been more cautious in its approach, its patience with China’s trade practices is wearing thin, leading to potential further strain in the trade relationship between China and the West.