Europe-bound Chinese rail freight is expected to become a whole lot more expensive as Beijing looks to address multiple looming economic crises [The Loadstar].
Having spent years subsidising its rail freight network, with the intent of entrenching it as a legitimate alternative to the more dominant air and ocean cargo services, China’s government is reputedly lining up a faster-than-expected subsidy reduction.
The Chinese-Kyrgyz-Uzbek railway affects the interests of key geopolitical actors of the Eurasian continent
Cargo traffic along the Eurasian rail route within the China-Europe-China segment totalled 189 thousand TEUs during the first half of 2024, up 66% compared to the same period in 2023.
