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Sunday, September 4, 2011

Iceland-China resort deal stirs controversy.

Uploaded by AlJazeeraEnglish on 2 Sep 2011 - Iceland's government is divided over a plan to sell a large area of the island to a Chinese tycoon. Huang Nubo has a preliminary agreement to buy a remote area of land for almost $9m to build a resort. But there are concerns the deal is a cover for China to gain a strategic foothold in the area.