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China property tycoon now eyes Norway

Mr Huang: 'We plan to enter one or two countries first and then expand to the rest of Northern Europe, while we don't mind waiting for Iceland.' - PHOTO: BLOOMBERG

[SHANGHAI] Chinese property tycoon Huang Nubo, whose planned US$200 million resort and mountain park in Iceland has been blocked because of foreign investment laws, is turning his attention to Norway.

Mr Huang, who is chairman of Beijing Zhongkun Investment Group Co, said the company is...