north korea investment

Why is China Still Friends With N. Korea Anyway?

North Korea’s annual saber-rattling has long frustrated the world, and has also made the belligerent nation an international laughingstock. When the country stepped-up its threatening rhetoric last month, western media...

China Plans Massive Investment in North Korea

Agence-France Presse reports: China has proposed a huge investment deal to revive North Korea’s faltering economy, a report said Friday, amid an international drive to coax Pyongyang back to nuclear disarmament talks....

Resource-hungry China looks to North Korea – Takeshi Kamiya

From Asahi Shimbun: China is flush with cash but hungry for resources, while North Korea is economically destitute but rich in mineral deposits. It seems like a perfect match. Investment in the repressive North by Chinese companies jumped from a paltry 10.4 million yuan (148 million yen) in 2003 to 1.36 billion yuan (19.4 billion […]



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