Russia and China battle US in race to control Arctic
Call it a new cold war: Russia, China and the United States all vying for influence and control in a part of the world that, this time, is quite literally cold.
With more than half of all Arctic coastline along its northern shores, Russia has long sought economic and military dominance in part of the world where as much as $35 trillion worth of untapped oil and natural gas could be lurking. Now China is pushing its way into the Arctic, announcing last month its ambitions to develop a “Polar Silk Road” through the region as warming global temperatures open up new sea lanes and economic opportunities at the top of the world.
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