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2023年6月2日

Mark O’Neill EJ Insight

China opens new railway to Europe – without Russia

In March, a train from Jiaozhou in Shandong province carrying new electric vehicles from China reached Koper, the largest coastal city in Slovenia, after a journey of 13,000 kilometres. It was the first train on this route from China to Europe – without passing through Russia. Russia’s invasion of Ukraine in February 2022 has become an economic catastrophe for the country. This new route is the latest example. The development of such routes means that Russia loses millions of dollars in transit fees. Because of Western sanctions against Russia, many insurers and freight forwarders are unwilling to cover cargoes that pass through Russia, including the Black Sea. This has forced companies to seek alternative routes to carry goods from China to Europe and back. ...

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