Fishing shares leap as Oslo and Beijing make up after long schism over dissident
Oslo/Beijing — Norway and China have normalised diplomatic and political ties, frozen since 2010 when Chinese dissident Liu Xiaobo was awarded the Nobel Peace Prize. Norwegian Foreign Minister Boerge Brende said on Monday that the two countries would immediately resume talks on a free-trade deal. Share prices of Norwegian salmon exporters, which have largely been shut out of the lucrative Chinese market, strengthened at once. Grieg Seafood rose 2.1% and Marine Harvest 1.1%. In a joint statement on Monday, Oslo and Beijing said: "Through meticulous and numerous conversations, the two sides have over the last years reached a level of trust that allows for resumption of a normal relationship." Chinese Foreign Minister Wang Yi said after meeting Brende in Beijing that in recent years relations had taken a serious step backwards. "Norway deeply reflected upon the reasons why bilateral mutual trust was harmed, and had conscientious, solemn consultations with China about how to improve bil...
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