Tech firms take the China train
Cheaper than air, faster than sea, the train from China to Europe is a boon for multinational exporters.
Multinationals operating in China have been setting up factories deep in the interior in search of affordable labour. The drawback: These plants can be more than 1,000 kilometres from the coast.
For companies exporting to Europe, still one of the largest markets for Chinese goods, shipping by air from Chong-qing or other inland cities is too expensive. Trucking or carrying goods by train to the ports of Shanghai or Shenzhen's Yantian and then shipping them to...
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