China's Polar Silk Road: Overview, Challenges & Opportunities

12 Pages Posted: 18 May 2018

Date Written: May 15, 2018

Abstract

The Polar Silk Road is a 2018 announced policy of China's in relation to its ambitions with the Arctic Circle and adjoining countries. It is a further strategic move under the ambitious Belt & Road Initiative ("One Belt, One Road").

The Arctic is rich in mineral resources, with global warming is a potential shortened marine transport route between Europe for China, and will likely provide additional opportunities in the near term in sectors including Tourism. It is also desolate, remote and the USA today has very limited influence.

This paper provides an overview of the background to the Polar Silk Road, comments on the current geopolitics and likely shifts as this region opens up, and notes both China specific benefits and more general opportunities that the Arctic will undoubtedly present.

Keywords: Polar Silk Road, China Belt & Road Initiative, One Belt One Road, Arctic Region, Yamal, Oil & Gas, Siberia, The Arctic Council

Suggested Citation

Assef, Nicholas Andrew, China's Polar Silk Road: Overview, Challenges & Opportunities (May 15, 2018). Available at SSRN: https://ssrn.com/abstract=3179218 or http://dx.doi.org/10.2139/ssrn.3179218

Nicholas Andrew Assef (Contact Author)

LCC Asia Pacific ( email )

Suite 3, Level 39
88 Phillip Street
Sydney, 2000
Australia

Register to save articles to
your library

Register

Paper statistics

Downloads
43
Abstract Views
176
PlumX Metrics