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.
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