A decade on, a Singapore-China project is turning landlocked Chongqing into a global logistics hub (www.channelnewsasia.com)
from schizoidman@lemmy.zip to world@lemmy.world on 19 Dec 05:54
https://lemmy.zip/post/55282887

Along the International Land-Sea Trade Corridor (ILSTC) - the route carrying everything from automotive components to electronics and chemical products between western China and Southeast Asia - container volumes have surged nearly tenfold since 2019.

In the first nine months of 2025 alone, 31 cross-border financing projects were completed for enterprises in Chongqing and western China through Singapore, bringing the cumulative total to US$21.8 billion.

Air connectivity between Singapore and Chongqing has also surpassed pre-pandemic levels, with 24 weekly flights now operating between both cities as compared to having no direct connecting services a decade ago.

#world