China-Russia Trade Dominates European Rail Freight As Ukraine War Drags On
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The number of freight trains travelling between China and Russia has surged since the start of the Ukraine war, hauling 90% of the total volume of goods traded between China and Europe by May this year , according to logistics insiders interviewed by Caixin.
This compares to 2021, when China-Russia freight carried by rail accounted for less than half of the European route, before dramatically increasing to 80% in 2022, a Shanghai-based logistics providers told Caixin.
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