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China-Europe rail trade imbalance growing due coronavirus, demand for PPE

The coronavirus may have pushed China’s freight shipments to Europe via rail to record highs, but far fewer trains have returned with European products, according to data from China’s state railway operator and external analysts.By early November, China Railway Express, a key rail project under China’s Belt and Road Initiative, had operated a record of more than 11,000 trains across Eurasia compared to 8,225 in the whole of 2019.In the first half of the year, it operated 5,122 trains, up 36 per…

Read the original article at South China Morning Post

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