Chinese investment in Iceland

Huang-po Nu major Chinese billionaire, would like to buy a 300 square kilometers of land in Iceland, where he would launch 100 million USD tourism project.

Huang's plan is not the first sign, that Beijing is actively interested in Iceland's abilities. The Chinese and the Icelandic central bank in June, agreed over a more than 500 million dollars worth foreign exchange business that will further boost the two countries developing trade relations – reports Világgazdaság Online.