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China, Norway ETFs In Focus Amid Major Oil Deal

By: ETFdb
The 2010 Nobel Peace Prize was shrouded with disagreement, and uncertainty as it was awarded in a rather unique fashion. For the first time, the recipient was not present at the ceremony, as Liu Xiaobo, the winner of the coveted honor, is currently imprisoned in China. The Norwegian Nobel Committee chose Xiaobo for being a strong spokesman of fundamental human rights in China but this decision came was seen as an insult to the Chinese government, as Xiaobo has questioned many of the policies that communist leadership has adopted, earning him an 11 year sentence for “inciting subversion of state power”. Many were worried that this award would damage relations between China and Norway, but a recent oil deal has investors now thinking otherwise [see also Closer Look At The China A-Shares ETF (PEK)]. China Oilfield Services Ltd (COSL), a unit of China National Offshore Oil Corporation (CNOOC), recently signed a [...] Click here to read the original article on ETFdb.com. Related Stories: Global X Launches Norway ETF (NORW) What Does Cnooc’s Bold Move Mean For China ETFs? China Tech ETFs In Focus As Google Showdown Escalates
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