Trade flow is becoming more and more significant on the Silk Road
The rail freight trade between China and Europe is growing at a remarkable pace: the network can no longer handle the load, although Beijing is investing huge amounts of money on infrastructure – origo.hu wrote. The world’s largest investment project, the One Zone One Road – originally called the New Silk Route – was launched in 2013.
China nowadays launches 13-14 containers per day to Europe, which is nearly 5 thosand a year.
Last year, the historic Silk Road also reached Budapest: the container train of 41 wagons arrived to the Hungarian capital in 16 days from the Chinese city of Chiangma. (origo)
Related news
China’s consumer price index fell in February for the first time in over a year
China’s consumer price index fell for the first time in…
Read more >Nestlé takes full ownership of Chinese confectioner Hsu Fu Chi
Nestlé bought a 60% stake in Hsu Fu Chi, a…
Read more >How will the world economy develop in 2025?
The global economy will continue to face major challenges in…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >