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China has opened the 134.2 km Pinglu Canal, creating a new river-to-sea artery from the country’s southwest directly to the Beibu Gulf and potentially redrawing inland freight flows towards Southeast Asia. Built at a cost of around RMB72.7bn ($10.2bn), the canal runs from Pingtangjiangkou near Nanning, south through Qinzhou and into the Beibu Gulf. It …