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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.
Central Asia, the Caucasus, Turkey, and Eastern Europe have great industrial infrastructure potential for the development of a rail Middle Corridor. But without China’s geoeconomic policy push, there is therefore still little economic rationale behind the development of corridor