Politicians in Iceland are discussing whose decision it will be to decide whether to grant Chinese investor Huang Nubo’s controversial request to buy a large tract of land in the country. Read the full story

Recent news that a Chinese investor has bought a large tract of land in north-east Iceland, with a view to building a luxury hotel and eco-tourism resort, is being widely discussed overseas. Read the full story

Chinese scientists want to set up a northern lights research station in Iceland. Read the full story

A wealthy Chinese investor this week bought one of the biggest plots of land for sale in Iceland: Grimsstadir a Fjollum. He intends to build a large luxury hotel on the remote site, but approval is needed first from Icelandic and Chinese authorities. Read the full story

The EFTA and Hong Kong have signed a free-trade agreement, which will effectively allow Iceland, Liechtenstein, Norway and Switzerland to use Hong Kong as a de-facto home market when exporting to other parts of Asia. Read the full story

The ambassador of China in Oslo has called on Norwegian officials to apologise for handing the Nobel Peace Prize to a Chinese human rights activist last year. Read the full story

The Chinese company, Blue Star has purchased the Norwegian heavy industry business Elkem for USD 2.1 billion, it was revealed in Norway this morning. Blue Star is one of the biggest ferrosilicon companies in the world. Read the full story

Norwegian authorities say China has called off a meeting with the country’s fisheries minister just days after the Nobel Peace Prize was awarded to a jailed Chinese dissident. Beijing has warned that the move to give the prestigious honour to imprisoned democracy campaigner Liu Xiaobo will harm relations between the two countries. Read the full story

Olafur Ragnar Grimsson, President of Iceland, has reiterated his previous appeals to the Chinese authorities and called upon the international community to unite in the struggle for better human rights so that freedom of speech can be enshrined in law and nobody will be jailed simply for their views. Read the full story

Chinese authorities intend to make a concerted effort to increase imports from Iceland within the framework of the currency swap agreement the two countries’ central banks signed this summer. This promise came during a meeting between Icelandic President Olafur Ragnar Grimsson and Chinese Prime Minister Wen Jiabao today. Read the full story