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The e-commerce boom has become a sign of today. The main factors here are the focus on the PRC as a driver of global demand and the «workshop of the world», as well as the attraction of electronic cross-border trade to faster delivery methods, one of which is railways.
The trade relationship between China and the US has been deteriorating, a trend that began during the Trump administration and has continued under Biden. While the EU has been more cautious in its approach, its patience with China’s trade practices is wearing thin, leading to potential further strain in the trade relationship between China and the West.