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International relations

US rejects China's 'near-Arctic state' claim in new cold war

Washington to open consulate in Greenland and give economic aid

Greenland's flag flutters on a tourist boat: China has expressed interest in the Arctic's natural resources.   © Reuters

NEW YORK -- The U.S. is extending $12.1 million in economic aid to Greenland and setting up a consulate in the Danish territory this summer, looking to counter the growing presence of China and Russia in the Arctic.

The package, revealed by the State Department this week, comes as a response to Russia's military buildup in the region and China's investment in the Arctic's natural resources and shipping routes.

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