Trains From China Laden With Hype and Subsidies

Trains From China Laden With Hype and Subsidies
AP Photo/Alastair Grant

The news is full these days of “historic” train links between China and Europe. The latest to grab the headlines was a China-Europe freight train that set off from eastern China this month. But there was a hitch: the train was destined only for Uzbekistan and did not involve Europe at all. But that didn't stop Chinese state media from promoting it as the latest addition to a growing network of railways reaching into Europe.

 

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