China has major strategic interests in the Arctic region and should secure the Arctic’s resources, said Outlook Weekly. “The Arctic has an important impact on temperature and precipitation in China.” “Use of the Arctic waterways for Chinese fleets would shorten the voyage by 40% compared to the current routes through the Suez Canal and the Panama Canal that are plagued with security risks, high cost and schedule delays.” “China should invest in the development of or otherwise secure the Arctic’s resources.”
Source: Outlook Weekly, Issue 27, 2009
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