The 134-kilometer Pinglu Canal in Guangxi promises to slash shipping times, but a broader wave of provincial waterway projects is fueling concerns over mounting local debt

The 134-kilometer Pinglu Canal in Guangxi promises to slash shipping times, but a broader wave of provincial waterway projects is fueling concerns over mounting local debt

The massive nine-year construction project aims to resolve severe shipping congestion on China’s main river artery while offering an expensive reprieve for the endangered Chinese…