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More China Freight Trains Head to Russia Than Europe – Caixin

Chinese freight trains to Russia made up 60% of the total traffic headed to Europe in the first half of this year, compared to 45% in 2021


China Railways debt has ballooned close to $900bn.
Rail freight from China to Russia has spiked, while fewer trains head to the European Union. Photo: Reuters.

 

More freight trains from China were headed for Russia than Europe between January and June this year as trade between Moscow and Beijing soared in the wake of Western sanctions on the Kremlin, Caixin Global reported, citing industry numbers.

Chinese freight trains to Russia made up 60% of the total traffic headed to Europe during the period against 45% in 2021, the report added.

Read the full report: Caixin Global.

 

 

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.