Veytics Intelligence
2026-10-27 · CNBC

China and Russia are redrawing Arctic trade. Can Europe fight back?

China and Russia are tightening their grip on Arctic shipping routes, turning the rapidly warming region into a new geopolitical battleground with Europe. Moscow and Beijing last week have agreed to expand freight traffic along Arctic shipping corridors , increase services between their ports and deepen cooperation on building polar vessels. The agreement came after the EU unveiled a new Arctic strategy aimed at countering growing Russian and Chinese influence in the region.

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