Further to Belt and Road keeps rolling along like "Old Man River", China's developing the NW passage to Europe. Once upon a time when some Europeans were trying to reach Cathy by sailing West (silly ang mohs), some English merchants sailed Nort… Read on blog or Reader Thoughts of a Cynical Investor Read on blog or Reader Northern Silk Road By atans1 on 24/06/2024 Further to Belt and Road keeps rolling along like "Old Man River", China's developing the NW passage to Europe. Once upon a time when some Europeans were trying to reach Cathy by sailing West (silly ang mohs), some English merchants sailed North and then East. They were trying to find the NE passage to Cathy. They failed. Today China is trying that route in reverse. Global warming may make this route economically viable in summer. By using the Arctic's Northern Sea Route (see map), shipments from Shanghai to Hamburg could take a mere 18 days compared with about 35 days needed for the route via the Suez Canal—or ten days longer than that if rerouted around the Cape of Good Hope to avoid attacks by the Houthi rebels in Yemen (there have been dozens against ships in the Red Sea since the war in Gaza began last year). Economist Comment Like You can also reply to this email to leave a comment.

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