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>> PORT SAID Latest News

MAR 18, 2013 - The Guardian

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China pours cash into melting Arctic in bid to win influence

China's growing economy needs minerals and oil – and its gaze is increasingly focused northwardsAt face value, it is not one of the world's most important relationships. When Norway and China fell out two years ago over a Nobel prize awarded to a Chinese dissident, the spat had little wider resonance.But diplomatic relations are thawing as quickly as Arctic ice – and the upshot could be significant for the frigid northern wastes of the planet, which are thought to sit on formidable quantities of mineral reserves.China has been cosying up to Arctic countries as part of its effort to secure ... Read More

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