Thursday, March 28, 2024

Governments buying Islands

Asia: The Story Behind the Disputed Diaoyu/Senkaku Islands

Leaving aside the politics of Asia’s most hotly contested island territory, just what are the essential facts to know about this small group of privately-owned isles?

(The remote East China Sea islands)

To the Chinese, they are the Diaoyu Islands, while the Japanese have long regarded …Read More: Asia: The Story Behind the Disputed Diaoyu/Senkaku Islands

Governments buying Islands

Asia: Japan Mulls Purchase of Disputed Private Islands

Tokyo’s governor recently said that he was in negotiations with the owner of three islands that fall within rich fishing waters also claimed by China and Taiwan.

(The disputed Senkaku Islands Group)

Shintaro Ishihara, the outspoken and nationalistic governor of Tokyo, is no stranger to controversy, and his latest …Read More: Asia: Japan Mulls Purchase of Disputed Private Islands

Island Issues

Indian Ocean: Will A Chinese Port Combat Piracy in the Seychelles?

The famous private island destination off the coast of Africa is hoping to combat security concerns with a strategic partnership with China, while allowing the superpower to extend its sphere of influence.

(Victoria, proposed site of the Chinese port)

Few countries are as closely associated with luxurious private islands …Read More: Indian Ocean: Will A Chinese Port Combat Piracy in the Seychelles?

Breaking Island News

Asia: Private Islands a Hot New Trend for Chinese Investors

With the second announced long-term lease of a private island in China to a local investor, islands are quickly gaining popularity as a luxury real estate investment.

(Image of Danmenshan Island from Google Earth)

On the heels of China’s successful first private island auction, where a 50-year lease of …Read More: Asia: Private Islands a Hot New Trend for Chinese Investors

Auction Results

Asia: China Holds Successful First Private Island Auction

In a step towards opening up its vast coastal waters to more tourism development, China has auctioned off a right-of-use certificate to a private corporation for an untouched island in Zhejiang.

(Dayangyu Island Courtesy of Whatsonningbo.com)

Set along the placid waters of the East China Sea, China’s southeastern province …Read More: Asia: China Holds Successful First Private Island Auction

Island Issues

South Pacific: U.S. Territory Offers to Lease Surplus Islands to China

In a move that surprised the international community – including the United States government – the governor of Northern Mariana has suggested that China lease some uninhabited isles.

(Image Courtesy of iexplore.com)

The on-going recession has hit even the most isolated corners of the globe; according recent news reports, …Read More: South Pacific: U.S. Territory Offers to Lease Surplus Islands to China

Island Market

China: If you want a challenge, develop a Chinese island!

Chinese archipelago

Last month we reported on new laws that came into effect in China on March 12 this year, to allow 176 islands to be offered to Chinese and foreigners to rent or lease for prolonged periods of time, in accordance with certain restrictions. See:

http://www.privateislandnews.com/china-government-offers-uninhabited-islands-for-lease/

In the following article, the China Daily hears from …Read More: China: If you want a challenge, develop a Chinese island!

Island Issues

Worldwide: Disputed Islands Around the World

While national borders and boundaries are usually well-established, small, remote islands can fall through the cracks. Desired for fishing and oil drilling rights, military access, or simply national pride, a number of these disputed isles are causing territorial clashes around the world. The very public battles over islands like Taiwan and the Falklands are familiar …Read More: Worldwide: Disputed Islands Around the World