S&P 5007,765.36▼0.5% Nasdaq27,193.34▼1.2% Dow51,231.64▲0.1% Russell 2K2,794.13▲0.0% 10-Yr5.23%−5bp VIX15.41+0.33 WTI$91.10▲3.2% Gold$4,157.80▲0.4% EUR/USD1.122▼0.3% BTC$81,907▼1.4% Nikkei70,036▼0.9%
At close · Thu, Oct 8, 2026
Daily Market Updates.

Global Markets

Home›Global Markets›Trade & Tariffs›China completes milestone test on US$10.8 billion cana…

China completes milestone test on US$10.8 billion canal link

The first full transit test along a 134.2 km canal megaproject moves the project into final preparations for a planned September launch aimed at easing trade with a key bloc of partners.

China has completed a milestone test on a major canal megaproject designed to connect a large inland region with Southeast Asia, advancing the effort toward its next phase of delivery.

According to SCMP Economy, the authorities carried out the first full transits along a 134.2 km, 83.4-mile canal linking the inland area to Southeast Asia, a step intended to support smoother trade.

The outlet said the project, valued at US$10.8 billion, is now in final stages of preparation with a planned September launch.

SCMP Economy framed the move as part of efforts to facilitate commerce with a key bloc of trading partners.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.