So Why Did Chinese President Visit Tiny Denmark?

By: Ian Campbell | Mon, Jun 18, 2012
Print Email

Why Read: To observe China's possible overall strategy from a different vantage point, and to think about that strategy and what it means some more.

Featured Article: An article this morning suggests that Chinese President Hu Jintao's three day visit to Denmark last week may have been less about meeting Danish Royalty, and more about Greenland's mineral wealth.

Commentary: Denmark, a small country of about 5.5 million population:

Importantly, the Kingdom of Denmark owns the Farce Islands in the North Atlantic, and (importantly) owns Greenland.

So why would President Jintao spend three days there? One logical explanation is that China is interested over time in establishing a working relationship with tiny Denmark, in order to work with Denmark (to China's long-term strategic advantage) to develop Greenland's perceived resources.

This makes a great deal of sense. It makes even more sense in the contexts of the current world economic issues, and the patience the Chinese often exhibit in their approach to accomplishing things.

Watch for more reports of ongoing dialogue between China and Denmark over the forthcoming months and years - in mineral resources, the Danish fishing industry, and possibly in oil & gas developments.

Greenland's minerals loom in China - Denmark ties
Source: Mining Weekly (from Reuters), June 18, 2012
Reading time: 4 minutes, thinking time longer



Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
Business Transition Simplified

Through his website and his Business Transition & Valuation Review newsletter Ian R. Campbell shares his perspectives on business transition, business valuation and world economic and financial markets influences on those two topics. A recognized business valuation and transition authority, he founded Toronto based Campbell Valuation Partners Limited (1976). He currently is working to bring his business valuation and transition experience to both business owners and their advisors in our new economic, business and financial markets normal.

Copyright © 2011-2016, Business Transition Simplified, all rights reserved

All Images, XHTML Renderings, and Source Code Copyright ©