Railway connections China - Europe

Is the elimination of Chinese subsidies a good idea?

Photo: Graaco

Over the past three years, China has been scaling down subsidies for train traffic between China and Europe. Financial support could not be more than 50 per cent of freight costs in 2018, no more than 40 per cent in 2019, and no more than 30 per cent in 2020, until subsidies are eliminated in 2022. This forces China-EU rail freight transport to grow independently from financial schemes. There has been much confusion on this topic, and thus a critical question arises: is this really a good idea?

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Author: Steven Don

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Is the elimination of Chinese subsidies a good idea? | RailFreight.com
Railway connections China - Europe

Is the elimination of Chinese subsidies a good idea?

Photo: Graaco

Over the past three years, China has been scaling down subsidies for train traffic between China and Europe. Financial support could not be more than 50 per cent of freight costs in 2018, no more than 40 per cent in 2019, and no more than 30 per cent in 2020, until subsidies are eliminated in 2022. This forces China-EU rail freight transport to grow independently from financial schemes. There has been much confusion on this topic, and thus a critical question arises: is this really a good idea?

Do you want to read the full article?

Are you already a member?

Log in

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@promedia.nl.

 

Author: Steven Don

Add your comment

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