From Yiwu to London

Business & Technology

Top business and technology news for January 19, 2017. Part of the daily SupChina news roundup "China might not buy your hotel, casino, or soccer club."

The first freight train to travel from China to Britain arrives at a welcoming ceremony to mark the inaugural trip at at Barking Intermodal Terminal near London near London, Britain January 18, 2017. REUTERS/Stefan Wermuth

  • First freight train from China to Britain arrives in London / Reuters
    The first train to travel all the way to Britain from China arrived in London on Wednesday after a 7,500-mile journey from the trading city of Yiwu. The journey took 18 days, about half the time an ocean carrier would need to complete the trip. The train brought in mostly household items, including clothes, fabrics, bags, and suitcases. London is the 15th European city to have a direct rail link with China. Although this journey was largely symbolic, it represents China’s ambitions to build a transcontinental network that will make the “One Belt, One Road” initiative into something much more substantial than a mere slogan.