China Investing Heavily in N.Korean Resources – Report

Choson Ilbo 4/12/2007 Last year a Chinese company took a 51-percent stake in Hyesan Youth Cooper Mine in Yanggang Province, North Korea. Hebei-based Luanhe Industrial Group now has the right to develop the mine for the next 15 years. North Korea also sold a 50-year development claim to the Musan iron mines, Asia’s largest open-air … Continue reading China Investing Heavily in N.Korean Resources – Report