11/14/2017 (Tue) 18:00:51
Beijing is investing in infrastructure to reduce time and increase profit. The Arctic route has all the indications of becoming a central node of the BRI initiative. China’s commitment to development of the Arctic route is comparable to another titanic project that is also central to the strategy of the maritime Silk Road and is occurring in Nicaragua, namely the construction of an alternative to the Panama Canal. How viable these gigantic projects are remains a matter of time, resting mainly on the acquisition of new technologies that transform the impossible into the possible, whereby the accessibility of new technology allow for a reduction in research and developmental costs.
In the not-too-distant future, transit routes through the Arctic will assume a certain level of importance vis-à-vis the global geopolitics of Russia and China. Beijing and Moscow seem to have every intention of developing this innovative route with every means at their disposal, adding to the maritime silk road an unanticipated but highly beneficial route. Creating a partnership with Russia in the Arctic will enable Beijing to set foot in the area, as well as allowing it to be involved in the exploitation of hydrocarbons and other natural resources. Combined with the Russian Federation's increasing ability to penetrate the Arctic and thereby create the necessary infrastructure, the Arctic route is something that can increasingly be offered as a proposition to partner nations.https://archive.fo/4uCI0http://www.zerohedge.com/news/2017-11-13/arctic-silk-road-huge-leap-forward-china-and-russia