The goal is not simply to beat the sea traffic but to invigorate inland economies and trade . For example, the land distance between Kiev and Chengdu via train is the same as distance of Chengdu to Shanghai and Piraeus to Kiev. That means it' preferable to have land access between Chengdu and Kiev to promote trade. Besides this will also allow Central Asia countries to join the trade.
Chinese Economics Thread
- Thread starter Norfolk
- Start date
Consider the following information:
- A standard 40-foot container ship can accommodate around 25 to 30 tons.
- An average cargo ship, around 700 feet long, can carry approximately 1,000 of these 40-foot containers
- That would be total carrying capacity of 25,000 tons
Between China and EU, eastbound(EU to China) railroad trade 1% and westbound(China to EU) railroad trade 3% of the total trade.
AssassinsMace
Lieutenant General
This is a good point. By promoting trade by rail on Central Asia, then China will be able to increase its influence there by deepening Central Asia's dependence on it
bajingan
Senior Member
Looks like australia has resigned to the fate of losing China as customer forever in the long term, they realized is only a matter of time for China to find an alternative for their iron ores
But they still have delusions about being prosperous as natural resources exporter only economy without China lmao
Australia is large enough with mineral resources and has such a low population they will manage.
But their economy and living standards will take a huge nosedive. I remember not that long ago some Australian economist thinking their economy was exceptional because they did not have a major recession for like two decades. Not so exceptional now.
But their economy and living standards will take a huge nosedive. I remember not that long ago some Australian economist thinking their economy was exceptional because they did not have a major recession for like two decades. Not so exceptional now.