China's Huge New Canal is Almost Ready for Business

A massive $10.8 billion canal project is finishing up, aiming to make shipping goods between China and Southeast Asia much faster and cheaper.

China has just finished a huge project that could change how goods move around the world. It is called the Pinglu Canal, and it cost $10.8 billion to build. Think of this canal as a giant shortcut. It connects inland areas of China directly to the sea. Before this, ships had to take much longer routes to move cargo. By cutting through the land, this new water path makes it much easier to trade with countries in Southeast Asia, known as ASEAN. This project is a big deal for the global supply chain. A supply chain is just the path that things take from where they are made to the store shelve…