Trade and freight flows between china and europe

MUHAMMAD IQBAL, MINJI LEE, PAULA PELTOLA TRADE AND FREIGHT FLOWS BETWEEN CHINA AND EUROPE
Group Assignment

Examiners: Lecturer Markus Pöllänen and Lecturer Lauri Tolkki

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ABSTRACT
TAMPERE UNIVERSITY OF TECHNOLOGY IQBAL, MUHAMMAD; LEE, MINJI; PELTOLA,PAULA: Trade and Freight Flows between China and Europe Group Assignment, 19 pages April 2012 Examiner: Lecturer Markus Pöllänen, andLecturer Lauri Tolkki Keywords: China, Europe, Trade, Freight, Sea Transport, Air Cargo, Rail Transport, Road Transport Trade between China and Europe has very important role in the world trade. Trade and freight flows have been increasing considerably during the past decades. China and Europe are the top trading partners in the world. All modes of transport are possible between China and Europe.Sea transport is dominating, but air cargo business is blooming as well. rail and road transport are developing. especially rail transport is seen as serious option and competitor to sea freight. The report is divided into 7 parts. First, Mohammad Iqbal has contributed by writing about the world trade and more specifically, about the trade and freight between China and Europe in chapters 1-3.Second, Paula Peltola has contributed by writing about transport means and routes presenting all four modes of transport: sea, air, rail and road in chapter 4. Third, Minji Lee has contributed by writing about two transport companies, COSCO and DHL, and presenting challenges in chapters 5-7.

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PREFACE
This is a group assignment report for the course LIKU-2436 Transport in InternationalContext. For the report, the group has familiriased itself with a totally new subject area. Most of the information used writing the report was gathered from the internet sources. As we discovered during this work, the most updated and current information is not published as free resources. The subscription prices for different up-to-date databases were rather high and therefore out of reach for thisreport. All the same, the group has used the best data available. Every member of the group has learnt a lot during the work. During the work, many new aspects came up and interesting details were discovered. The large scale of the transport sector in China-Europe trade is impossible to cover fully in a short assignment and, needless to say, even more challenging it is to comprehend. What's more, thework has evoked an interest to continue following the subject area as well in future.

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CONTENTS
1 2 3 4 Introduction..............................................................................................................1 Effects of trends in world trade................................................................................2 Trade and freight between China andEurope..........................................................3 Transport means and routes......................................................................................5 4.1 Sea Transport................................................................................................5 4.2 Air Cargo......................................................................................................64.3 Rail Transport...............................................................................................7 4.4 Road Transport ............................................................................................8 5 China shipping company: Cosco (China Ocean Shipping Company)...................10 6 Europe air freight organization: Deutsche PostDHL............................................11 7 Challenges..............................................................................................................12 REFERENCES................................................................................................................13

1 INTRODUCTION

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INTRODUCTION

Exchange or flow of goods between countries is called international trade. Nearly one...