05.06.2019 | US trails Russia and China in Arctic race

Washington exercised by its rivals’ rapid progress in harnessing the region’s resources and navigation potential as a new 'Great Game' emerges.

Click here to read the Alaco article in bne IntelliNews.

 

As global warming breaks the icy cover of the Arctic, Russia is increasingly collaborating with China in a race to exploit the region’s economic potential, tapping its considerable gas reserves and developing a new shipping channel that could slash the costs of trade between Europe and Asia.