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The «One Belt, One Road» concept is an international initiative of China aimed at improving existing and creating new trade routes. It was first announced by Chinese President Xi Jinping in autumn 2013 during visits to Kazakhstan and Indonesia.
Railroads play a crucial role in the Eurasian ITCs. Because of the speed and reliability of deliveries it provides, railway transportation is starting to compete with shipment by sea (advantage of speed) and air (advantage of cost). The competition with alternative routes has to be taken into account, whereas the strategy should be built around the available advantages of the existing routes and the complementary nature of others.