SOURCE / INSIGHT
China-Europe freight train bucks the trend in securing trade deals
By GT staff reporters Published: Apr 05, 2021 06:42 PM
The Ever Given is pulled by one of the tugboats in the Suez Canal in Egypt on March 29, 2021. Photo: VCG
The Suez Canal jam, caused by a stranded container ship, has posed an unprecedented challenge to the global supply chain, pushing businesses to look for new options to diversify their trading routes, especially along the Belt and Road, which during the pandemic has become a major channel for cargo transportation and anti-virus supplies from factories in China to the markets in Europe.
Suez Canal blockage allows China, Russia push for shipping business
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China-Europe cargo trains shine, as Suez Canal blockade drives shippers to seek new options
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