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China-Europe trains have boosted investment and trade across Eurasia

Most of the 44,000 Chinese-invested companies based in other countries and regions are subsidiaries of large and medium-sized Chinese enterprises, which means they have close links with the Chinese market.

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China-Europe freight trains shoring up economic lifeline amid COVID headwinds


China-Europe freight trains shoring up economic lifeline amid COVID headwinds
Xinhua |
Updated: 2021-07-02 09:29
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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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China-Europe freight trains provide a reliable choice in global logistics, thanks to their safety, stability and efficiency


China-Europe freight trains provide a reliable choice in global logistics, thanks to their safety, stability and efficiency
Thirteen containers of semi-finished LED televisions produced by Admiral Overseas Corporation’s factory in Xiamen, Fujian Province, got trapped in the logjam of the Suez Canal in late March.
The televisions were scheduled to arrive in Istanbul by mid-April but the blockage made their arrival date uncertain. Even though the canal was cleared on March 29, it was estimated it would take about two weeks for the traffic to go back to normal. On April 6, traffic slowed down again as an oil tanker faced engine trouble. ....

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