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China’s Historic Silk Road is Resurrected from the Rubble

Elementum

Massive changes in technology, transportation, and power dynamics over the centuries, led to the eventual abandonment of the road. With similar economic interests in the Middle East and South America, China must find ways to facilitate expanding trade with these regions. million barrels of oil a day from the continent.

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Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

Given that some Asian and South American countries have no compunction about continuing to do business with Russia, and that many companies in the West have trade relationships in Asia and South America, the sanctions have caught many Western companies’ supply chains in a stranglehold. But the problems don’t stop there.