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The China-Europe Railway Express, or China Railway Express (CRE), is key logistical cog in President Xi Jinping’s Belt and Road Initiative. It provides an alternative to container shipping for transporting Chinese manufactured goods to Europe via Russia.
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