Claims of a threat to subsidies casts a pall over booming Asia-Europe rail

Rail freight demand from China to Europe is going through the roof, and projections for further growth are bullish. However, the drumbeat of rising volumes carries some ominous undertones.
There has been tension in Russia over Chinese moves to develop more southerly routings, and now Beijing is allegedly mulling cuts to subsidies, which could drive up the cost considerably.
Both volumes and the network have grown rapidly: in January, the UK was brought …

The post Claims of a threat to subsidies casts a pall over booming Asia-Europe rail appeared first on The Loadstar.

Source: The Loadstar

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