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China shows success in creating the "New Silk Road"

In China, the first freight train on the transcontinental route from the city of Yiwu on the coast of the East China Sea to Madrid was launched.

According to the plan, the composition of the 82 platforms loaded with containers should get to the Spanish capital for 21 day. The distance from Yiwu to Madrid is 13 thousand km, the arrival of the train to the final destination is expected 8 December - the Chinese media reported.

By launching such a train, Beijing is showing its success in creating the "new Silk Road", which the Chinese authorities have been talking about over the past years and where they are investing a lot of money. So, in 2013 alone, $ 40 billion was invested in the specially created New Silk Road fund from the Chinese budget. Moreover, as Chinese President Xi Jinping said, this is only an initial contribution.

Composition following the route China - Kazakhstan - Russia (it will pass through the Moscow region as well) - Belarus - Poland - Germany - France - Spain should demonstrate the possibilities of rail transport as an alternative to a rather long sea route. The classical way of a container ship from Shanghai to Hamburg takes about 45 days, that is, twice as long.

The PRC's efforts to create a "new Silk Road" are likely to bring about significant changes in the logistics industry across Eurasia. Currently, the Chinese side is actively buying up transport and logistics companies in Europe and Asia, creating an infrastructure tailored to its own interests.

“Beijing has created the Asian Infrastructure Investment Bank (AIIB), to which it has already contributed about $ 50 billion,” explained Natalya Stapran, director of the Russian APEC Research Center. - This structure is engaged in the development and strengthening of Chinese influence throughout Asia, including the "New Silk Road" project.

According to her, with its activity, Beijing is now ousting traditional donors from Asia - Japan and the US, acting through the Asian Development Bank. At the same time, PRC invited Mongolia, India and other Asian countries to participate in ABIA, however, it is China that sets the tone. Russia has not yet joined this organization, although the Ministry of Finance of Russia is now considering the issue of our participation there as a regional member. In parallel, Moscow is trying to find ways to interact with the PRC in the field of rail transportation in other regions, primarily in Kazakhstan.

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