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Red Sea shipping problem benefits Russian overland routes from Asia

By Rhod Mackenzie

Shipping via the sea lanes forms the backbone of trade corridors between the European Union and China, accounting for 90% of trade. According to Eurostat, imports from China in 2022 amounted to 627 billion euros, and exports amounted to 234 billion euros. The largest importer of...

Russia BRICS China Trade Transport Suez Canal Shipping