The Reuters reported 'the Iceland government on 25th November rejected a bid by a Chinese investor to buy 300 sq km (189 sq miles) on the island nation because it did not meet legal requirements on foreign ownership'.
A multimillionaire Chinese investor, Hung Nubo, basis of Beijing office tried to get land ownership in the same way they had done in African nations for past years. This rejection has hugely shocked not only Huang but the Chinese government, reported by the Chinese media which also has been accusing this treating.
In this case, the Iceland did the right thing by declining the Chinese offer even though they accuse this treat as unfairness and discrimination. On this point, if Iceland confirmed the offer, then it would automatically accept Chinese imperialism to expand Europe like the awful cases in Africa. Such colonialism must be stopped in the name of protecting in flux of Chinese immigrants to Europe throughout Iceland. Behind this scene, UK and other nations struggling with Chinese immigrants must be enjoying and agree with what Iceland had decided.
We must stop their old imperialism by driving force of economic nationalism.
<References>
BBC news, 'China's Huang Nubo seeks Iceland land for eco-resort', 30 August 2011
http://www.bbc.co.uk/news/world-europe-14714524
Reuters, 'Chinese developer livid at Iceland's rejection of resort', 27 November 2011
http://www.reuters.com/article/2011/11/27/us-china-iceland-resort-idUSTRE7AQ02E20111127
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