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CX Daily: Canal Fever Grips China Amid Slowing Growth

Published: Dec. 26  9:51 a.m.  GMT+8
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Canals /

In Depth: Canal fever grips China amid slowing growth

China is in the grip of canal fever.

As the government steps up its long-term strategy to turn the country’s inland waterways into a network of interconnected arteries that will boost trade and economic growth, at least five major canal projects costing hundreds of billions of yuan are either being built or planned by provincial governments.

FINANCE & ECONOMY

The amount of money raised through new listings jumped 80% to HK$83 billion this year. Photo: AI generated

Hong Kong /

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