Mon, Mar 31, 2014 - Page 15 News List

China-Europe route is new ‘silk road’

WELCOME GATEWAY:The rail route runs from the megacity of Chongqing, which is a symbol of ‘rising China,’ boasting a wealth of IT and car-parts factories

AFP, FRANKFURT, Germany

The Port of Duisburg hopes that the importance of the rail link will increase after Xi’s visit.

“We’re in negotiations with companies, such as automakers, on a possible expansion of the service,” Boecker said.

“There are people who aren’t aware that it even exists,” he said. “We hope to increase customers in both directions.”

China is Germany’s top trade partner in Asia, while Germany is China’s leading European partner. Bilateral trade exceeded US$161.5 billion last year.

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