Tag: Overseas investment

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China Pushes ‘Polar Silk Road’ Into Arctic

China has announced plans to develop Arctic shipping routes through ice opened by global warming. The proposed “Polar Silk Route” will become part of China’s One Belt One Road Initiative–an ambitious trillion dollar trade and infrastructure project that aims to connect Asia, Europe, the Middle East and Africa with vast transport networks. From BBC: Beijing said global warming meant viable shipping routes through the Arctic would become increasingly