A New Waterway to Prosperity: The Pinglu Canal's Promise to Southeast Asia and China The opening of the 134.
2km Pinglu Canal in September marks a significant milestone in the growing trade relationship between Southeast Asia and China. This $13.
7 billion project is expected to have far reaching impacts beyond its role in shipping routes. Trade between China and ASEAN has reached an astonishing $1 trillion annually, despite global uncertainties.