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Crossover: Chinese tycoon rents Icelandic land

10-16-2012 21:26 BJT

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Chinese tycoon Huang Nubo, who owns Beijing Zhongkun Investment Group, plans to build a resort in an isolated part of Iceland, has been given the green light to rent the land. The Chinese tycoon said recently that both sides proposed signing contracts in China in mid-October. His company will hold a press conference on the deal in Iceland. Full story>>

For more on the deal between the Icelandic government and the Chinese property tycoon, we’re joined by our correspondent Jack Barton in Oslo, Norway.

Q1: Why did the Icelandic government change their minds to approve the rental plan?

Q2: How will the event impact economic relations between China and Norway?

Editor:Wang Chuhan |Source: CCTV.com

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