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China Opens Pinglu Canal Bringing ASEAN Closer, While Saving China Billions

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The 134-km canal links southwestern China directly to the Beibu Gulf and the South China Sea, cutting cargo routes by 560 km and saving $0.77 billion a year in transport costs.
The 134-km canal links southwestern China directly to the Beibu Gulf and the South China Sea, cutting cargo routes by 560 km and saving 5.2 billion yuan a year in transport costs.
The massive project will facilitate the access of Chinese provinces to international sea trade routes and ASEAN markets, adding as much as $25.7 billion to GDP by 2050.
The capacity is to allow passing of ships with the displacement of 5,000 tons.
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