Chinese in bid to buy Icelandic land

The Independent Monday 29th August, 2011

A Chinese millionaire wants to buy 300sq km of wilderness in Iceland, raising fears that Beijing is trying to extend its influence into the North Atlantic. Huang Nubo plans, if given permission by the Icelandic government, to use the land for a £61m eco-tourism and golf resort. He is ranked as China's 161st richest person. Land around the wo...

Read more

Share this article:
Back to Irish Sun

Comments

  • No comments yet for this story

  • Have your say

    • By submitting your comment you agree to our terms and conditions

    Featured Story

    The Vatican Bank has been the subject of a 10 page report from its newly formed financial watchdog agency.

    The report has revealed that there were some attempts last year to ...

    News Survey

    The Boy Scouts of America National Council has resolved to accept gay members. Do you agree with this policy?

    View results

    On Facebook

    On the record

    We must define the nature and scope of this struggle, or else it will define us. Neither I, nor any President can promise the total defeat of terror. What we must do is dismantle networks that pose a direct danger.

    Barack Obama

    The U.S. president was speaking on his administration's counter terrorism policy.