China Opens Pinglu Canal for Trade Shortcut to Asean
13 Articles
13 Articles
China opens Pinglu Canal for trade shortcut to Asean
China opened the Pinglu Canal on Wednesday, giving its landlocked southwest a shortcut to the coast and overseas markets, particularly those in Asean, the country's largest trading partner. Built at a cost of 72.7 billion yuan, the 134.2-kilometre canal runs from Nanning, capital of south Guangxi Zhuang Autonomous Region, to the Beibu Gulf, the closest maritime outlet for much of southwest China. The canal stretches along the New International L…
China has taken a significant step that will resonate in global trade: the 134-kilometer-long Pinglu Canal has been opened to traffic.
(Beijing=Yonhap News) Correspondent Han Jong-gu = A large canal connecting the southwestern interior of China and the Beibu Gulf of the South China Sea was officially opened on the 16th.
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