The transportation of containers by rail could grow substantially in China, particularly if the nation continues to adopt operating practices and regulatory reforms that have boosted the development of the North American rail network, according to a new research paper from The World Bank. Measures that include the ability of rail operators to tailor service offerings that … Continue reading
A cargo train has just completed its maiden round trip journey of 16,156 miles on the world’s longest railway line that connects China to Spain and hopes are high that the new rail link will boost trade, according to an article on The Independent. The new Yixin’ou rail line spans from China and runs through Kazakhstan, Belarus, … Continue reading
Investment in the euro area, and particularly private investment, has not recovered since the onset of the global financial crisis. By Bergljot Bjørnson Barkbu, S. Pelin Berkmen, and Hanni Schölermann In fact, the decline in investment has been much more drastic than in other financial crises; and is more in line with the most severe of these crises … Continue reading
Global debt has soared by $57 trillion since the outbreak of the financial crisis in 2007, with the debt to GDP ratio jumping to above 500 percent in Japan. This raises questions about financial stability and poses a threat of another crisis. “After the 2008 financial crisis and the longest and deepest global recession since … Continue reading
By Henry Ridgwell The longest rail link in the world is operational, after a train carrying goods from China arrived in the Spanish capital, Madrid, last month. The railway has been dubbed the ‘21st-century Silk Road’ and is the latest landmark investment by China aimed at improving the infrastructure along the old trading routes between east … Continue reading
By Pyotr Iskenderov The United States and the EU continue the policy of confrontation with Russia in Europe and the post-Soviet space against the background of China’s growing clout and stronger influence on European affairs. China’s global contribution is not limited by fast moving consumer goods. Today it leads the United States in GDP adjusted … Continue reading