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In Depth: Canal Fever Grips China Amid Slowing Growth

By Li Rongqian and Wang Xintong
2024年12月25日 16:26
Transporting goods on inland waterways is cheaper and more environmentally friendly than using roads or railways, but provinces are at risk of throwing money at projects that won’t pay off

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.

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