China has been steadily increasing its presence in the Arctic since it defined the far north as a “new strategic frontier” in 2015 and began promoting a “Polar Silk Road” three years later. Moreover, in 2018, Beijing declared itself a “Near Arctic State,” a move that primarily served to underscore the interests of its Arctic claim.
The government in Beijing has its eye on lucrative minerals and other raw materials in addition to the Arctic transport link. There is particular interest in interests in the Canadian Arctic and in mining rights in Greenland. This is because the Arctic is rich in natural resources such as fish, precious metals and fossil fuels.