Understanding China, One Blog at a Time

An American in China

China Invading the Americas -Buying a Part of Iceland

Posted by w_thames_the_d on August 31, 2011


Some Chinese guy who is an ex-chicom (ex-chicom in name only?) is seeking to buy .3 % of Iceland to build a resort. The concern of many is that
his purchase would give China a foothold in the Americas.

The Chinese would ask why this is true, after all the guy is not a chinese communist governmental member now, but many would say that this man just like the leader of Huawei may represent the vested interests of the communist party.
story

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