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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.
New informal trading blocs are likely to emerge in South Asia, centred on India or a major ASEAN country such as Indonesia. Russia’s preferred strategy will be to refrain from joining any single «constellation,» maintaining equidistance from the EU, China, and the new Asian hubs