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.

FOLLOW THE LINK FOR THE FULL REPORT – JR

https://www.cnbc.com/2018/02/06/russia-and-china-battle-us-in-race-to-control-arctic.html

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s