China’s government has invested billions in the China-Europe rail network, and volume, propelled by subsidies, has surged. However, those subsidies have created other downsides for shippers and the broader market.
China's "Belt and Road"
China's "Belt and Road" plan is a multi-billion initiative aimed at linking Asia with Europe and Africa, and the countries in between. The plan, formerly known as "One Belt, One Road," brings together the landside Silk Road Economic Belt and Maritime Silk Road developments. The Silk Road Economic Belt connects China, Central Asia, Russia and Europe (the Baltic), linking China with the Persian Gulf and the Mediterranean through Central Asia and West Asia, and connecting China with Southeast Asia, South Asia and the Indian Ocean. The 21st-Century Maritime Silk Road is from China's coast to Europe through the South China Sea and the Indian Ocean on one route, and from China's coast through the South China Sea to the South Pacific.
News & Analysis
23 Aug 2018
Launched by Chinese President Xi Jinping in 2013, the Belt and Road Initiative is now a major cornerstone of China’s foreign policy.
20 Jul 2018
E-commerce and high-speed rail are enabling China-Europe rail services to give the air cargo industry a run for its money.
06 Feb 2018
The improving economies of Central Asia are pushing up demand for rail freight across Russia, Belarus, and Kazakhstan.
12 Dec 2017
HMM said in December that Samsung SDS, LG Electronics, Hyundai Glovis, and several other companies have expressed interest in Asia-Europe rail.
04 Dec 2017
The growth of rail volume on the China-Europe rail routes has been rapid in the past year, but limitations on the trade route are being exposed.
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