“A new high speed rail link between Serbian capital Belgrade and Hungarian capital Budapest will be built after China agreed with Serbia over the financing of the $1.1bn project.

Spanning 350km, the new line is expected to cut journey times down from eight hours to just three, and forms part of the Chinese government’s plan to expand its Belt and Road strategy across Europe.

Earlier this week the two countries’ prime ministers discussed the cooperation in the field of energy and infrastructure, as well as road and rail infrastructure projects implemented with Chinese assistance.” (Constructing Global)