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Arctic Blue Economic Corridor: China’s Role in the Development of a New Connectivity Paradigm in the North

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In recent years, the growing exploration of natural resources and development of transport routes have reemerged in the Arctic as scenes for political and economic collaboration between Nordic and non-regional states. Being a non-Arctic country, China nevertheless has played an active role in the elaboration of international regulations and the establishment of governance mechanisms in the Arctic. The country has recently released a White Paper on Arctic Policy and thus prioritized scientific research; underscored the importance of environmental protection, rational utilization, law-based governance, and international cooperation; and committed itself to maintaining a peaceful, secure, and stable Arctic order. Diversified transportation routes and economic corridors are of paramount importance to such global trading nations as China. However, an extension of the economic corridors to the Arctic is viable only in the case of development of satellite trade, production, and research opportunities along the potential transport routes. In this study, the authors discuss the critical points in the implementation of China’s paradigm of collaboration and connectivity in the Arctic, as well as focus on the promotion of bilateral win-to-win investment and trade projects with the countries along the potential Arctic Blue Economic Corridor (ABEC). The authors conclude that the ABEC may be efficiently incorporated into China’s Belt and Road network but emphasize that specific technological and economic challenges must be considered and met before a sustainable connectivity between the markets of Asia and Europe is established in the Arctic.
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... China's Arctic Policy states that the PSR "facilitates connectivity and sustainable economic and social development of the Arctic" [23] by opening up an economic passage between China and Europe through Russia's Northern Sea Route (NSR) [24,25]. Many scholars have studied the conditions and requirements for trans-Arctic shipping routes to be economically feasible [26][27][28], analyzed freight traffic between Europe, Russia, China, and other countries of Asia [29][30][31], and modeled future volumes of transit and cabotage cargo flows with account for climate change [32][33][34][35][36], exploration of mineral and hydrocarbon resources in the High North [37][38][39][40][41][42], and perspectives of bulk and container transport [35,[43][44][45][46]. Before the COVID-19 outbreak hit the world, China had planned to redirect up to 1% of its maritime trade to the PSR by the early 2020s [47]. However, with the pandemic emerging into a global economic threat, there have emerged a number of new issues that could derail the PSR initiative [48]. ...
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