The People’s Republic of China has long harboured ambitions in the High North, and now seeks to extend its influence by exploiting the effects of climate change and rifts within the transatlantic alliance.
Canadian prime minister is right to stress that middle powers must adapt to a new world order. Yet his rhetorical appeal to the heroism of anti-Communist dissidents, even as he builds closer ties with Beijing, is naive, misguided, and potentially dangerous.
The post-1945 world trading system is succumbing to conflict that beckons parallels with the tensions in the 1930s over intractable current account imbalances and rising protectionism.