National Business Review: Setting aside the vigorous debate on climate change for a moment, the Arctic is flicking onto Pacific radars for some very good reasons. Shipping routes are opening up and energy fields are being exposed, both of which is grabbing China's attention.
Arctic temperatures have risen 7.2 degrees Fahrenheit or 0.13 degrees Celsius over the past half-century. As a result, ice coverage has fallen 53% over summers to 1,384,000 square kilometres today, down from a high of 2,896,800 square kilometres in...