The People’s Republic of China is adding new export bans on July 1.
Category: China
China-Europe: railways are congested and container rates are spiking
China-Europe trade corridors are currently facing some significant issues concerning container rates as well as congestion along the railways. Concerning rail freight, congestion concerns the Alashankou and Khorgos border crossings between China and Kazakhstan. Moreover, some issues are starting to surface at the Małaszewicze border crossing in Poland. Rail congestion is having a serious impact…
Tajikistan looking for 7,5 billion dollars in funding for rail
Tajikistan seems to be hopping onto the bandwagon for rail infrastructure in Central Asia. The country is looking for 7,5 billion dollars (7 billion euros) in investments for its rail network. The Tajik rail infrastructure is underdeveloped yet crucial for the country’s international trade. At an economic forum in the Russian city of Kazan, the…
Middle Corridor countries discussing 50% tariff discount
The Middle Corridor is too expensive as a competitive alternative to other transport corridors that connect Europe and China. In an effort to boost the route’s attractiveness, involved countries are now discussing a fifty per cent discount on tariffs along the route. Five countries that are part of the Middle Corridor are currently taking part…