China eyeing perks of ice-free Arctic: study - Yahoo! News

China eyeing perks of ice-free Arctic: study - Yahoo! News: "'The prospect of the Arctic being navigable during summer months, leading to both shorter shipping routes and access to untapped energy resources, has impelled the Chinese government to allocate more resources to Arctic research,' SIPRI researcher Linda Jakobson said.
Canada, Denmark, Norway, Russia and the United States are already at odds over how to divvy up the Arctic riches, claiming overlapping parts of the region -- estimated to hold 90 billion untapped barrels of oil -- and wrangling over who should control the still frozen shipping routes."