China opens 134km Bingluo Canal to ASEAN
China has inaugurated a new canal stretching 134.2 kilometers at a cost of $10.75 billion. The canal connects Nanning City to Beibu Gulf, providing a shorter route for landlocked regions in southwestern China to reach the coast and international markets, especially the ASEAN (Association of Southeast Asian Nations) markets. This canal is considered a significant investment to boost trade, facilitate access to foreign markets, and increase commercial exchanges with regional partners.
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