Why Is China Pouring Money Into The Arctic?

Posted on June 10, 2019 8:01 pm

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URL https://governmentslaves.news/2019/06/10/why-is-china-pouring-money-into-the-arctic/ 

Diplomats gathered in Rovaniemi to discuss the state of the North Pole were caught off-guard by the United States’ posturing. In a speech to the Arctic Council, U.S. Secretary of State Mike Pompeo sharply warned against China’s increasing economic activity on the North Pole and the potential militarization of its projects. The Arctic Council is the main intergovernmental forum on Arctic affairs and its mandate does not cover security issues. Therefore, his remarks were unusual and raised important questions. To what degree could China’s polar aspirations pose a threat to the regional stability of the Arctic Circle? Chinese investments in the Arctic…