China’s US$10.8b short cut: new Pinglu Canal prepares to supercharge Asean trade
- Posted on September 2, 2026
- By South China Morning Post
- 5 Views
- 1 min read
China's ambitious Pinglu Canal project, valued at $10.8 billion, represents a transformative infrastructure initiative designed to streamline logistics and trade connectivity across Southeast Asia. The recent deployment of the inaugural command vessel signals the project's imminent operational phase, enabling direct maritime routes from inland Chinese manufacturing hubs to key ASEAN markets including Vietnam. This megaproject aims to revolutionize regional commerce by reducing transportation times and costs, strengthening economic integration within Asia-Pacific trade networks.
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