Tag

Transport

China Railway Schulden

China Railway heads for €1 trillion in debt

China already has the longest high-speed train network in the world. By 2035, it is set to almost double. At the same time, the debts of the state railroad company are already reaching staggering heights.

By Redaktion Table

China imports: faltering on the railways

During the COVID-19 pandemic, companies discovered railways as an alternative for transporting goods from China to Europe. Since 2016, volumes have increased tenfold. Russia's war in Ukraine is starting to have an impact. Contractors fear the sanctions and worry about insurance coverage.

By Redaktion Table

Genting's problems drive MV Werften into bankruptcy

The Covid crisis is hitting the international shipping industry hard – including Genting Hong Kong. The owner of the East German MV Werften is experiencing payment difficulties. As a result, the traditional German shipyards had to file for insolvency on Monday, after a long period of anxiety.

By Michael Radunski