THE ECONOMIC SITUATION OF THE ARCTIC IN THE CHINESE ENERGY MARKET

• Published in: Север и рынок: формирование экономического порядка
• Main Author: Sergey Yu. Kozmenko
• Format: Article in Journal/Newspaper
• Language: English; Russian
• Published: The Russian Academy of Sciences, Federal Research Centre Kola Science Centre 2021
• Subjects: energy resources; sea communications; silk road; joint voyage; scipo; envir; Arctic; Okhotsk; Pacific; The Narrows
• Online Access: https://doi.org/10.37614/2220-802X.4.2021.74.002; https://doaj.org/article/8d07b86966494f4787d9fa534f960862

Over the past decade, the Chinese economy has grown at a faster pace (up to 8 % per year), which is a consequence of the unprecedented expansion of China in world markets. Such a competitive position presupposes the same significant (up to 15 %) growth in energy consumption, which is ensured by both...