China has established its geopolitical influence in Southeast Asia through its rail projects, which will grow further as more lines are completed.
China has established its geopolitical influence in Southeast Asia through its rail projects, which will grow further as more lines are completed.
Transit time and possible transport China’s trade with the Global South is growing significantly, driven on the one hand by the China Plus One strategy and on the other by the development of new markets. But many challenges remain.
Cargo traffic along the Eurasian rail route within the China-Europe-China segment totalled 189 thousand TEUs during the first half of 2024, up 66% compared to the same period in 2023.
In the Gross Regional Product (GRP) structure of the Far Eastern Federal District (FEFD), the transport industry ranks second and maintains positive growth rates. In 2022, Gross Value Added (GVA) reached a value of 915 billion rubles, an increase of 15.7% in constant prices compared to 2020.