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Chinese Mining Interests and the Arctic

  • Adam Lajeunesse
  • P. Whitney Lackenbauer
Part of the St Antony’s Series book series (STANTS)

Abstract

Since the mid-1980s, double-digit gross domestic product (GDP) growth has driven the Chinese economy from an agrarian peasant base to the manufacturing center of the world, its economy now second in size only to the United States. This industrial expansion has, naturally, been accompanied by an explosion in resource consumption. China accounts for about one-fifth of the world’s population, yet consumes half of its cement, one-third of its steel, over a quarter of its aluminum, two-thirds of its iron ore, and more than 45 percent of its coal.1 In only the past 13 years, China has also swallowed up over four-fifths of the increase in the world’s copper supply.2 For most of the country’s fantastic growth, its own vast resources proved sufficient to support its industrial expansion. In the past decade, however, China has recognized the need to augment these supplies with foreign sources, and Chinese companies, normally state-owned enterprises (SOEs), have tapped into the vast reserves of the state and state-owned banks (SOBs) to secure access to mineral deposits abroad.

Keywords

Gross Domestic Product Mining Company Canadian Government Chinese Worker Chinese Investment 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

  1. 3.
    J. Shankleman (2009) Going Global: Chinese Oil and Mining Companies and the Governance of Resource Wealth (Washington: Woodrow Wilson Center), p. 20.Google Scholar
  2. 9.
    A. Wilson, F. McMahon and M. Cervantes (2013) Survey of Mining Companies 2012/2013 (Vancouver: Fraser Institute), p. 9.Google Scholar
  3. 21.
    C. Alden and M. Davies (2006) ‘A Profile of the Operations of Chinese Multinationals in Africa’, South African Journal of International Affairs, 13:1, 93.CrossRefGoogle Scholar
  4. 26.
    See for instance: Breslin, ‘Access’; M. Cornish (2012) Behavior of Chinese SOEs: Implications for Investment and Cooperation in Canada (Canadian International Council and Canadian Council of Chief Executives);Google Scholar
  5. D. Brautigam (2009) The Dragon’s Gift: The Real Story of China in Africa (Oxford: Oxford University Press), p. 281; M. Mattlin, ‘Chinese Strategic State-Owned Enterprises’;Google Scholar
  6. Peterson Institute for International Economics (2012) Chinese Investment in Latin American Resources: The Good, the Bad and the Ugly.Google Scholar
  7. 27.
    E. S. Downs (2004) ‘The Chinese Energy Security Debate’, China Quarterly, 177, 49.CrossRefGoogle Scholar
  8. 95.
    H. Innis (1977) The Fur Trade in Canada: An Introduction to Canadian Economic History. Revised and reprinted edn (Toronto: University of Toronto Press).Google Scholar

Copyright information

© Adam Lajeunesse and P. Whitney Lackenbauer 2016

Authors and Affiliations

  • Adam Lajeunesse
  • P. Whitney Lackenbauer

There are no affiliations available

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