Thu, 20/03/2014 - 17:28

Chinese investments are welcome in Greenland

Greenland offers huge opportunities to Chinese investors, China Economic Review writes in a feature article.

The country "possesses some of the largest reserves of gold, iron, copper and zinc in the world. After China, Greenland has the biggest deposits of rare earths – materials essential to tech devices such as smartphones. Its uranium resources, should they be mined, could put the arctic country among the top exporters of the elements".

Chinese investments are welcome in Greenland, a government official tells China Economic Review: "“We particularly welcome investments from China because we can see that you can do a lot of what we need.”

Read the article "Greenland, a frontier market unlike any other for China":
http://www.chinaeconomicreview.com/china-in-the-arctic-greenland-iron-mining

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