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European transportation industries on the mend and advancing.

Eurostar has managed to secure a £250m rescue package from banks and investors as it continues to battle a severe drop in demand due to the Covid-19 crisis. The rail operator had warned in November that it was “fighting for survival” It is currently only running one train per day between London St Pancras and Paris Gare du Nord, and one a day between Amsterdam and Brussels. Keep reading!

China’s masterstroke diplomacy.

China is now making serious attempts to join the CPTPP, a trade deal originally intended to under the nation. Should this become a reality, China will effectively be the economy in the partnership Some of the hurtles for qualification have been met in record time. Some high-level functionaries doubted that China could meet the deal’s requirements, particularly provisions on labor, procurement, state-owned enterprises, subsidies, e-commerce, and cross-border data transfer. Keep reading!

China & the US leads major economies in recovery.

A UN report revised its forecast for China from 7.2 percent to 8.2 percent; and for the United States from 3.4 percent to 6.2 percent for 2021. It predicted the world economy will grow 5.4 percent in 2021 instead of the 4.7 percent forecast in January 2021. Keep reading!