The Middle Corridor is too expensive as a competitive alternative to other transport corridors that connect Europe and China. In an effort to boost the route’s attractiveness, involved countries are now discussing a fifty per cent discount on tariffs along the route. Five countries that are part of the Middle Corridor are currently taking part…
Category: China
China to build four rolling stock production sites in Hungary
CCRC Zhuzhou Locomotive, a subsidiary of Chinese state-owned rolling stock manufacturer CCRC, signed agreements with Hungarian equity fund Acemil to build four facilities in the Magyar country. The facilities will focus on rail vehicles production and maintenance as well as professional training and research and development. This new initiative may be part of a larger…
NGOs express concerns over new Italy-China rail freight service
A new rail freight service for the import of agricultural product was recently established from Urumqi, the capital of the Xinjiang Uyghur Autonomous Region in northwestern China to the Italian city of Salerno, near Naples. However, various non-governmental organizations (NGOs) are saying that some of the cargo coming from the Chinese region may be the…
NGOs express concerns over new Italy-China rail freight service
A new rail freight service for the import of agricultural product was recently established from Urumqi, the capital of the Xinjiang Uyghur Autonomous Region in northwestern China to the Italian city of Salerno, near Naples. However, various non-governmental organizations (NGOs) are saying that some of the cargo coming from the Chinese region may be the…