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View Full Version : Icelandic Government Won't Permit China's Huang Nubo to Buy Land Parcel - Bloomberg



NewsWhore
11-26-2011, 10:20 AM
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Icelandic Government Won&#39;t Permit China&#39;s Huang Nubo to Buy Land Parcel (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFd7Nx2WNpA96htdtP-xn3hz5uX3A&url=http://www.bloomberg.com/news/2011-11-26/icelandic-government-won-t-permit-china-s-huang-nubo-to-buy-land-parcel.html)
Bloomberg
The government was forced to seek external support in 2008 after its biggest banks defaulted on $85 billion in debt, triggering a currency sell-off and sending the economy into a recession. GDP sank 6.9 percent in 2009, and contracted a further 3.5 ...

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