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looking beyond borders

foreign policy and global economy

Archive for the tag “Arctic”

How China’s Arctic Empire Will Upset The Global Balance Of Power

China wants resources to support its growing population, and the Arctic, with its untapped resources, offers those opportunities to mine natural resources. China’s lack of geographical presence in the Arctic has not stopped it laying out its 2017 launch of its Belt and Road Initiative, a massive infrastructure project encompassing 60 countries and designed to boost the global economy and link China with the world, via sea, land and rail.

Read Here – Newsweek

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Greenland Is Melting

The shrinking of the country’s ice sheet is triggering feedback loops that accelerate the global crisis. The floodgates may already be open.

Read Here – The New Yorker

China’s Tryst With The Arctic

China is the largest consumer and importer of energy resources in the world but its vast geographical distance from the Arctic limits Beijing’s opportunity – at least in contrast to Arctic Council members (Canada, Denmark, Finland, Iceland, Norway, Russia, Sweden and the U.S.) – to set the agenda and form a strategy for taking advantage of new Arctic opportunities.

Read Here – The Diplomat

Looking North

In May this year, Japan, China, India, South Korea, Singapore and Italy were admitted as permanent observers to the Arctic Council—a forum bringing together the eight Arctic member states (United States, Canada, Norway, Denmark (via Greenland), Russia, Sweden, Finland and Iceland), indigenous Arctic populations, and other interested parties to discuss a range of issues posed in this unique region.

Read Here – The Diplomat

India’s Place In The Ice

Instead of joining the race to commercially exploit this pristine region, New Delhi must use its position in the regional council to push for a global mechanism to prevent an unseemly gold rush.

Read Here – The Hindu

New Energy To Russia-China Ties

Russia has consummated some huge energy deals with China in recent weeks. These deals are – or at least are being advertised as – major steps forward in the Russo-Chinese energy relations, Russia’s pivot to Asia – which uses big energy sales to upgrade its influence and standing – and the development of the energy base in Eastern Siberia, the Arctic and the Far East.

Read Here – The Diplomat

Melting Ice Heats Up The Arctic

No matter what one thinks should be done about global warming, the fact is, it’s happening. And its effects are not all bad. In the Arctic, it is turning an impassible region into an emerging epicenter of industry and trade, according to Scott Borgerson, Managing Director of CargoMetrics and Co-Founder of the nonprofit organization Arctic Circle.

Read Here – Foreign Affairs

China-US Trade Seen Hitting $1 Trillion By 2022 – Study

A ground breaking study on economic relations between the United States and China looks at how the ties have developed in the past three decades and what the next 10 years hold for them.

Read More Here

Race Is On as Ice Melt Reveals Arctic Treasures

With Arctic ice melting at record pace, the world’s superpowers are increasingly jockeying for political influence and economic position in outposts like this one, previously regarded as barren wastelands. At stake are the Arctic’s abundant supplies of oil, gas and minerals that are, thanks to climate change, becoming newly accessible along with increasingly navigable polar shipping shortcuts. This year, China has become a far more aggressive player in this frigid field, experts say, provoking alarm among Western powers. While the United States, Russia and several nations of the European Union have Arctic territory, China has none, and as a result, has been deploying its wealth and diplomatic clout to secure toeholds in the region.

Read Here – New York Times

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