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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.
Cargo transportation by sea, road and rail in Russia will recover to the pre-pandemic level in 2022, analysts of the NKR predict. Passenger air transportation will return to these indicators only in 2024.