From a key benefit for China’s airlines to Chongqing’s bid to become a rail-based ‘Suez Canal’, here’s a round-up from today’s coverage
Western airlines risk suffering greater disruption than their Chinese rivals this summer, as the escalating conflict between Iran and Israel – compounded by US military strikes – forces most carriers to avoid flying over dangerous airspace on China-Europe routes.
Over the past decade, Chongqing has evolved into a hub of international trade, thanks to the launch of two expansive cross-border rail networks. One runs west to Germany and the other extends south, reaching as far as Singapore – trade corridors that give China faster, more reliable access to global markets while offering other countries a clear route into its vast interior.
China will stage a military parade to commemorate the end of World War II – only the second time the event has been held – as conflicts rage around the world, including the latest between Iran and Israel.
China’s shipments of hi-tech goods to the European Union went into overdrive last month, coinciding with a big drop in exports of the same goods to the US, suggesting that the superpower trade and tech wars could be affecting trade with Europe.
