China-Europe rail service exports grow by 106%

May 8, 2019 /

China’s Belt and Road initiative (BRI) may have faced recent strong criticism from the EU, but that has not dented the growth in its exports to Europe. Chinese officials have claimed a 106% increase in the value of cargo travelling by rail from China to Europe, equating to some $33bn. Xiao Weiming, from the office of…

Traffic rising on the Silk Road

January 28, 2019 /

Rail freight traffic from Europe to Chongqing in China exceeded traffic in westbound direction in 2018. The number of trains travelling from Europe to the southwestern Chinese city reached 728, out of a total of 1,442 freight trains in both directions. This is the first time that eastbound traffic was more than westbound movement. Westbound…