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.
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Article
30.08.2024
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.
Source: Vostokgosplan
Article
30.08.2024
In recent years, Italy and China have maintained a strong economic relationship despite Italy’s shift away from the Belt and Road Initiative (BRI). Prime Minister Giorgia Meloni’s visit to Beijing highlighted Italy’s intention to continue fostering cooperation, with a focus on high-value sectors and enhancing trade.
Article
30.08.2024
The trade relationship between China and the US has been deteriorating, a trend that began during the Trump administration and has continued under Biden. While the EU has been more cautious in its approach, its patience with China’s trade practices is wearing thin, leading to potential further strain in the trade relationship between China and the West.
Source: Rabobank