China’s Pinglu canal is meant to carry new supply chains, not just old cargo
- The waterway’s bigger goal is to redraw southwest China’s supply chains around Southeast Asia
- Pinglu should target Asean markets with a focus on intermediate goods and basic raw materials
- The canal’s initial success depends on cargo, feeder infrastructure and logistics services developing together
Beijing hopes the Pinglu Canal will draw southwestern China more deeply into production networks centred on Southeast Asia
