Posted on May 24, 2016

The trans-Eurasian railway route linking theindustrial metropolis of Chongqing, southwest China, with Duisburg, Germany, has been operating as a key infrastructure component of China’s “New Silk Road” trade expansion strategy.

But the modern version of the legendary Silk Road trading route is now providing additional evidence of China’s increasing economic woes.

The number of trains has increased since the beginning of this year. Currently, one freight train per day carries products like laptops, printers and auto parts via a series of transnational railway tracks stretching over 11,000km across six countries including also Russia, Kazakhstan, Belarus and Poland.

But growth of freight volume transported through the rail network, which opened in 2011, is falling back, in line with economic slowdowns in both China and Europe.

Covid-19 Vietnam italy Australia importers Turkey Hong Kong China logistics freight forwarders import Germany Netherlands containers India freight forwarding shipping Poland freight Freight Shipping Seafreight Canada South Africa rail freight exporters air freight waste USA imports Japan Norway exports Swedish ports International Freight Finland Europe France wine Denmark Spain Ireland Switzerland exports China U.S.A cargo Sweden Brexit container export