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.
Kazakhstan is well positioned to strengthen its role as a key transit hub between China and Europe amid global shifts in logistics
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