00:00Thailand is considering building a new 102-kilometer-long canal worth $28 billion, supported by China.
00:07The canal would provide an alternative transit through the Straits of Malacca
00:10and shorten the transit for oil shipments to Japan and China by 1,200 kilometers.
00:16If the canal is built, it is estimated that Singapore could lose 30% of its shipping trade as a
00:21result of the canal.