Rail freight along the New Silk Road has proven its efficiency by keeping the supply chains running during the pandemic. The fifth European Silk Road Summit opened in Amsterdam, the Netherlands on Tuesday, with over 300 rail freight professionals in attendance to discuss the latest developments and challenges along the New Silk Road and the .
China-Europe freight trains offer economic lifeline amid pandemic cgtn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cgtn.com Daily Mail and Mail on Sunday newspapers.
China-Europe freight trains shoring up economic lifeline amid COVID headwinds Xinhua | Updated: 2021-07-02 09:29 Share CLOSE A freight train departs from Jinhua, Zhejiang province, to Budapest, Hungary, on June 7. [Photo/Xinhua]
BERLIN-Though the outbreak of COVID-19 had grounded Europeans for months and impacted the economy as a whole, some sectors such as the electronics business have spotted a niche given the surging demand for laptops and other gadgets at home.
Lu Hong, a local brand director of laptop manufacturer ASUS in Southwest China s Chongqing municipality, found such a niche and witnessed a boom in business in 2020.
But a shortage of sea freighters, price increases and unpredictable shipping times pushed him to the brink of breaking contracts.