According to Observer Network reports, Greenland's Minister of Commerce and Mineral Resources, Naja Nathanielsen, was asked during an interview whether there was a possibility of turning to China. She expressed her hope for cooperation with Europe and America but stated that if they do not appear, she would have to take other paths.

Then she mentioned some of Greenland's cooperation with China, believing that Chinese investors are not very interested in investing in Greenland, with only two Chinese companies involved in mining projects, and none of the projects have started yet.

Nathanielsen also speculated on the reasons, suggesting that Chinese investors remain cautious to avoid controversy.

In this way, it seems like she finds fault with Chinese investors for being too conservative.

Overall, it seems more like nitpicking without genuine intent to attract investment.

Why don't Europe and America invest?

The current situation in Greenland is clear to see; Trump threatened to annex it, while Europe is determined to protect it, both sides are vying for control. What they talk about—geopolitical positions, strategic resources—are all quite exaggerated.

What is the island's location like? For some countries, it is indeed important.

Are the resources on this island abundant? There are indeed many resources.

So the question arises, without considering the U.S. annexing Greenland, just from external investments, how come such a big "delicacy" has not been touched by Europe and America?

The reason is simple: it is merely a theoretical delicacy, like the reference picture printed on the outside of a instant noodle bucket—it looks tempting, but it's just an image. You need to expend a great deal of effort to turn a pack of instant noodles into what the picture shows.

No Development Potential

The biggest problem with Greenland is its lack of development.

Greenland's transportation network is extremely limited, with almost no north-south road system within the island. Cities depend on shipping or air transport. However, port sizes are small, airports are sparse, and logistics costs remain high.

The mineral industry has very high demands for logistics. Given the current state of Greenland, the scale of mining cannot develop.

Moreover, the local population is slightly over 50,000, mostly concentrated in coastal towns, resulting in a severe shortage of technical workers. Any large-scale project must hire people at high salaries from Denmark and elsewhere, making the cost very high.

Even more bizarrely, many locals oppose the development of mining. Some residents worry about ecological damage and erosion of cultural identity, and view capital from China, Russia, and the United States with suspicion.

Previously, an Australian company abandoned rare earth extraction due to public opposition.

This is when they think of China

Now, officials in Greenland are appealing to China from afar, clearly intending to use China to pressure Europe and America. On the other hand, they hope China will engage in infrastructure construction.

To put it bluntly, their intentions are quite good: let China build the infrastructure foundation first, then allow European and American capital to enter, or even sell it to the U.S. at a better price.

This is treating China as a philanthropist or a scapegoat.

You, Greenland, don't even have a proper market, and face heavy resistance in development. To think like this is overly optimistic.

It can't be denied that geopolitics is being leveraged to the extreme now; even a sparsely populated, icy place like Greenland is trying to use words to attract international capital.

If Greenland really wants to develop, the best thing to do would be to stop thinking selfishly. If you can't manage infrastructure, you could work on other tasks, like unifying public opinion. Thinking only of taking advantage won't lead to anything good.

Original article: https://www.toutiao.com/article/7509296614794347060/

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