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China cozies up to Iceland in race for Arctic resources

2013-04-15 07:27:00| Climate Ark Climate Change & Global Warming Newsfeed

Christian Science Monitor: It is clear why Iceland is interested in China: the Arctic nations prime minister is currently in Beijing to sign a free-trade agreement that will boost Icelandic fish exports more than somewhat. But why is China so interested in Iceland? Perhaps because the Arctic is shaping up to be one of the worlds future hot spots, as the melting icecap reveals a potential treasure-trove of natural resources and clears new shipping routes. China has an interest in the region and it wants to be part of the...

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