In 2020, China became the main trading partner of Germany and the EU. The German economy is the strongest in Europe, and China is the driver of global economic growth. Therefore, the ties between Germany and China are of particular importance for the development of the Eurasian railway route.
In a new European Economic Forecast, the European Commission expects a deeper recession and a slower recovery for the economy of the Union. However, the blow caused by the pandemic differs from country to country with some states and industries expected to recover faster due to internal factors.