HOME

Exclusive Content:

 Iran Uses the War’s One-Month Mark to Intensify Pressure on Gulf States

Iranian President Masoud Pezeshkian has used the one-month anniversary...

China Nears Completion of $10 Billion Pinglu Canal to Boost Southeast Asia Trade

China is close to completing the Pinglu Canal, a major infrastructure project designed to strengthen trade links between its inland regions and Southeast Asia. The 134-kilometre canal connects Nanning in Guangxi province to the Beibu Gulf, providing landlocked southwestern provinces with direct access to global shipping routes.

Built at a cost of about $10 billion, the canal is the first large-scale waterway constructed in China in centuries. It is designed to handle vessels of up to 5,000 tonnes and includes multiple shiplocks and newly built or upgraded bridges. Construction has entered its final stage, with most of the planned investment already completed.

Once operational, the canal will significantly reduce transport time and logistics costs for goods moving between China’s interior regions—such as Guangxi, Guizhou, and Yunnan—and international markets. Preparations for opening the canal to shipping traffic are expected to begin later this year, with full navigation planned by the end of 2026.

The project is expected to deepen economic ties between China and Southeast Asia, China’s largest trading partner, while strengthening inland connectivity and regional trade competitiveness.

Don't miss

FDA’s advisers back plan to simplify COVID vaccinations

The United States is on the brink of reshaping...

Economy likely slowed but still posted solid growth in Q4

Washington: The U.S. economy likely rolled out of 2022...

Oman and Belarus Sign Key Agreements to Strengthen Bilateral Cooperation

His Majesty Sultan Haitham bin Tarik and President Alexander...

China and ASEAN Seal FTA 3.0 Upgrade to Boost Regional and Global Economic Growth

China and the Association of Southeast Asian Nations (ASEAN)...

Newsletter

Asian Markets Tumble as Iran War Keeps Oil Near $100, Shakes Rate-Cut Hopes

Asian stock markets declined sharply as the ongoing Iran conflict kept oil prices elevated near $100 per barrel, fueling inflation concerns and dampening expectations...

ASEAN Must Uphold Rule of Law Amid Rising Unilateral Actions, Says Philippines’ Foreign Secretary

The Philippines has urged Southeast Asian nations to remain committed to restraint and international law as growing unilateral actions and regional tensions threaten stability...

Why Southeast Asia’s Online Scam Industry Is So Hard to Dismantle

The recent arrest and extradition of a powerful tycoon accused of running a massive online scam network has drawn renewed attention to Southeast Asia’s...