The transport of cargo from China to Europe by sea is likely to remain more important than Eurasian railway routes, says the CEO of the German forwarder DACHSER.
Contributor Ben Thrower writes about the growing ties between the Chinese and European economies and the potential danger of those ties.
The Chinese city of Yiwu has announced a new freight train route to Belgium’s Liege, with trains expected to finish the journey in about 20 days.
The Chinese Belt and Road Initiative aims to create seamless freight movement between Europe and Asia, but the sustainability aspect of the project is still unclear.
Developing markets offer high growth, but high risk, as dispute between east African nation and Dubai firm forces Chinese ports operator to refinance loan.
Italy’s buy-in on major project boost China’s place in world maritime trade, but Western powers decry what some call ‘vanity project.’
European Commission lays out ground rules and a regulation relaxations post-Brexit; Uber loses latest legal bid over driver rights; European Union announces a 37.5% reduction in CO2 emissions by 2030.
There’s mounting pushback among developing nations that China’s ambitious infrastructure project, the Belt and Road Initiative, is a debt trap. Countries using Chinese financing have seen public debt soar to unsustainable levels, and they’re increasingly worried about asset seizures.
