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A lot more cargo is getting shipped by rail to Europe from China with new tracks being opened up through Central Asia. Also, energy pipelines are getting set u
by narrator 10y ago
A lot more cargo is getting shipped by rail to Europe from China with new tracks being opened up through Central Asia. Also, energy pipelines are getting set up between Russia and China, reducing the need to ship crude oil. This is largely due to the "One Belt, One Road" initiative that China is working on. It's basically a plan to build transport infrastructure all throughout Asia.
- walrus01 10y agoThe amount of cargo that moves (in terms of number of TEUs per month) from China to Europe via rail is minuscule compared to the ocean cargo capacity. A train full of double stacked containers is a tiny fraction of the capacity of one medium sized 8000 TEU ship.