Archive for the ‘China’ Category

DPRK-China trade and investment growing

Friday, October 1st, 2010

According to Yonhap:

North Korea’s economic dependence on its strongest ally China is growing as its economy slips further into deeper isolation from the international community for its nuclear ambition, a report said Friday.

According to the report compiled by the Samsung Economic Research Institute, bilateral trade with China accounted for 52.6 percent of the North’s cross-border trade last year.

“North Korea’s so-called self-reliant economy is collapsing, and China is emerging as the communist state’s key supplier of economic goods,” the report said.

The report said China’s investment in North Korea surged to US$41 million in 2008 from a meager $1.1 million in 2003. China is also planning to spend $2.37 billion on construction of a transportation network that links the two countries, it said.

But the report said it is hard to characterize the countries’ economic ties as “subordinate,” as the North is also involved in trade with South Korea and other countries.

As with most Yonhap stories, they do not provide a link to the report, or even its name, so I cannot say much about the numbers. 

Here is the English webpage of the Samsung Economic Research Institute.  I have been unable to locate this partuclar study, but maybe you will have better luck.

Yonhap also tells us that the Chinese are working to create a trade zone along the North Korean border.  According to the article:

China is seeking to build an economic zone in the northeastern region bordering North Korea, aiming to promote trade with the world’s most reclusive country, officials said Friday.

Thirteen cities in the Dongbei region, commonly known as Manchuria, issued a joint proposal Thursday to build the “Yalu River Economic Zone” and to boost trade with North Korea. The Yalu River or the Amnok River in Korean is a river on the border between China and North Korea.

The participating cities include Dandong, Dalian, Tonghua and Mudanjiang, all of which are located either in the Liaoning province, the Jilin province or the Heilongjiang province. The three provinces make up the Dongbei region.

North Korea has long been reported as planning to build a free economic zone near the bordering river. A number of ports already exist on the river, used for border trade between the two countries.

Dandong in Liaoning Province, which borders the North Korean city of Sinuiju, has become the largest logistics hub for North Korean trade, handling 70 percent of bilateral trade.

Read the full Yonhap stories here:
N. Korean economic reliance on China further growing: report
Yonhap
10/1/2010

China eyes economic zone for trade with N. Korea
Yonhap
Kim Young-gyo
10/1/2010

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How North Korea was lost to China

Friday, September 17th, 2010

Aiden Foster-Carter has written an long piece in the Asia Times on North Korea’s geopolitics.  It is a fairly long piece, so here is the punch line:

So there’s our winner. Its rivals’ missteps have helped, but Beijing has long played a skillful, patient game. Like Moscow, it irked the North by recognizing South Korea (in 1992), but unlike the abrupt Russians it worked hard to soothe sensitivities.

Eighteen years on, guess which power is the top trade partner of both Koreas? Now, there’s subtle hegemony for you. No prizes either for guessing who’s snapping up North Korea’s mines, and beginning the lengthy, costly process of modernizing its decrepit infrastructure.

Face it: who else has the motive, or the means? As all agree, China’s overriding worry about North Korea is not Kim’s nukes but fear of collapse, and the chaos this could cause on its own borders. Beijing’s consistent strategy is not to paint Kim into a corner, no matter what.

Knowing that, how did policymakers in Seoul or Washington delude themselves that China would hurry to join a chorus of condemnation over the Cheonan? No way. Beijing squirmed a bit, but the game was worth the candle. Let Washington and Seoul huff and puff. All that achieved was to push an ever-more isolated North Korea further into China’s orbit and influence.

Nothing is certain, especially about North Korea where forecasts (this writer’s not least) have a habit of turning out wrong. I expected North Korea to collapse long ago: guilty as charged, m’lud. I understimated this tough regime’s staying power, or the horrors it would impose on its people – including famine – to cling to power while refusing to see sense.

But this can’t go on forever. The old game of militant mendicancy is finally up. Kim Jong-il’s frail health, a delicate succession, and an empty treasury – United Nations sanctions have hit arms exports, and crime doesn’t pay like it used to – make defying the entire world just too risky.

North Korea needs a sugar daddy. There is only one candidate left standing, and one who fits the bill perfectly. It may not be a marriage made in heaven, mind you. Pyongyang will keep squawking, and even try the old game of playing off its interlocutors – as in its latest thaw with Seoul.

But at the end of the day Beijing is making an offer no one else can match, and which North Korea can’t refuse. It goes roughly like this: Okay, we’ll bail you out, we’ll guarantee your security, we’ll even stomach your weird monarchical tendencies – unless the kid turns out to be a complete klutz, in which case you know what to do. Jang Song-taek (brother-in-law to Kim Jong-il) knows the score.

You can count on us too not to shame you by spelling all this out and giving the game away. But yes, we do need something in return. Two things. First: markets. For goodness sake just leave them alone, nay let ’em rip – as we’ve been telling you to, ever since Deng Xiaoping.

Look where we are now, and where you are. We’ll do the heavy lifting of investment, so you have functioning factories and railways again. But you have to let it happen. No going back.

Second: no more trouble. We know it may take time for you to give up your footling pesky nukes. But we need an absolute guarantee of no more tests, or else. No other provocations, either. Our People’s Liberation Army will teach your Korean People’s Army how to adapt and how to make money. The new North Korea will be a good global citizen, trading like we do. The returns are good. It beats mugging any day.

And guess what? You’ll love it, all of you. You’ll prosper. No more worries. Your people will eat; your elite will make money. What’s not to like? Just stop all that shouting and marching; what a relief, eh? The rest of the cult can stay, if you must. All hail the young general Kim Jong-eun, finally fulfilling grandpa’s dream of peace and prosperity for all! (With a bit of help from his friends, but we’re modest.) You’ll love him. You really will.

This seems to me a plausible scenario for North Korea’s future. In fact, I struggle to imagine any other. Korean reunification? Maybe in the very long run – but right now, who wants it?

Not the North, whose elite know the fate of their East German counterparts after unification. Can we really expect them to put their faith in the tender mercies of Lee Myung-bak? Even under Kim Dae-jung or Roh Moo-hyun it would have been tricky. What place would there be for most of them, frankly, in a reunified peninsula? Not a privileged one, that’s for sure.

Ordinary North Koreans, too, have learned, from the trickle who have made it to Seoul, that South Korea is no land of milk and honey. True, they’d like a life, and to eat. But China, or a North Korea open to and learning from China, might look a better bet on that score.

Nor is the South enthusiastic, despite all the rhetoric. It would be embarrassing and galling to see the North become a Chinese satellite – yet perhaps also a huge relief. Let Beijing bear the brunt, the burden, and the costs of transforming the madhouse they have long sustained.

Further down the line, blood could prove thicker. By 2040 or so, a by then semi-transformed North Korea may tire of great Han chauvinism, slough off the Chinese yoke, and embrace the cousins south of the demilitarized zone (which would long ago have become more permeable). They’d be easier to absorb, too, now smoothed by a few decades of Chinese-style modernity.

Speculative, to be sure. But what other scenarios are there? And though from one viewpoint China has edged out rival powers as argued above, presumably to their chagrin, might some of them in truth be quietly relieved to be spared the responsibility? Let China take it on and deliver a new-style North Korea, vibrant and fit for a new century. It could last a long time, and spare the region and world much headache and risk. Does anyone have an alternative?

Aidan Foster-Carter is honorary senior research fellow in sociology and modern Korea at Leeds University, and a freelance consultant, writer and broadcaster on Korean affairs. A regular visitor to the peninsula, he has followed North Korea for over 40 years.

You can read the full article here:
How North Korea was lost – to China
Asia Times
Aidan Foster-Carter
9/16/2010

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Taiwan firm raided after DPRK sale

Tuesday, September 7th, 2010

According to the Associated Press:

Taiwanese investigators raided a local company after it shipped banned machinery to North Korea via a Chinese firm with ties to Pyongyang’s military, a Taiwanese official said Tuesday.

The owner of the Taiwanese company, Ho Li Enterprises, said that two computer-controlled machine tools used in the manufacture of engines were shipped to North Korea earlier this year, but said he was unaware he had broken the law. Huang Ting-chou said that his company’s premises were raided in July by Taiwanese law enforcement officials acting on a tip from the U.S. government.

A Taiwanese law enforcement official confirmed the shipment and raid had taken place but did not discuss U.S. involvement. The de facto American Embassy in Taiwan declined to comment on the claim.

The raid took place as the Obama administration was working on a new set of sanctions against North Korea that were unveiled last month, targeting the assets of individuals, companies and organizations allegedly linked to support for its nuclear program.

North Korea has repeatedly tried to circumvent international strictures designed to stymie its production of missiles and nuclear material and other weapons of mass destruction.

Taiwanese companies are no strangers to sanction-busting attempts. In early 2009, Shanghai’s Roc-Master Manufacture & Supply Company ordered pressure gauges with possible nuclear weapons applications from Taiwan’s Heli-Ocean Technology Co. Ltd. Using backdated purchase orders, the Chinese company had Heli-Ocean ship them to Iran. The transaction violated international sanctions on exporting sensitive equipment to Tehran, which many in the international community suspect is trying to make nuclear weapons.

In an interview with The Associated Press, Huang said the machine tools were originally ordered “more than a year ago” but were shipped only after Ho Li’s Chinese client, Dandong Fang Lian Trading Co. Ltd. in northeastern China’s Liaoning province, was able to pay for them. While acknowledging that the tools ended up in North Korea, he said he had no idea how they would be used or why they would appear on any list of sanctioned items.

The North Korean machine tool deal was first reported Tuesday in Taiwan’s Liberty Times newspaper.

A Taiwanese official, speaking on condition of anonymity because he is not authorized to deal with the press, said that the machine tool shipment violated international sanctions and Taiwanese trade laws. He did not identify the items in question or specify why they violated sanctions.

The official works for the Taipei branch of the Ministry of Justice’s Investigation Bureau — roughly equivalent to the Federal Bureau of Investigation in the United States.

He said that Dandong Fang Lian is managed by a North Korean national with an unspecified connection to the North Korean military, and that the machine tools had ended up in the country’s Sinuiju region, across the Yalu River from Dandong. Sinuiju is the funnel for most Chinese goods entering North Korea.

“Ho Li sold two machine tools … without reporting to the authorities that the equipment was really going to North Korea,” the official said. “We became aware of the violation and when we raided Ho Li in late July we found e-mails and money transfer documents to prove our case.”

Huang said that Dandong Fang Lian specializes in diesel engines and power generators, and that while he had done business with the company before, this was his first venture with them in the machine tool sector.

“I am cooperating with the government in its investigations,” he said.

Neither Ho Li nor Dandong Fang Lian appears on an American list of sanctioned companies.

The Taiwanese official declined to confirm Huang’s assertion that an American tip led to the raid on Ho Li’s premises. The American Institute in Taiwan — the de facto U.S. Embassy on the island — said it would not comment on specific cases but emphasized it cooperates closely with the island on enforcing export controls and stemming the proliferation of weapons of mass destruction.

Read the full story here:
Taiwan firm raided after illicit sale to NKorea
Associated Press
Debby Wu
9/7/2010

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DPRK-PRC promote business in border area

Monday, September 6th, 2010

According to the Choson Ilbo:

North Korea and China are already starting economic cooperation projects in the border area across China’s northeast and the North’s Rajin-Sonbong region.

The Chinese Ministry of Transport recently designated Jilin Province as a pilot region for international trade and logistics encompassing the three northeastern provinces of China and the Duman (or Tumen) River area, the China Shipping Gazette reported last Friday.

The decision is aimed at facilitating transport of goods from China’s northeast to Shanghai and the south via customs points in the Chinese city of Hunchun and the North’s Rajin-Sonbong Port, the weekly added.

A representative of the Yanbian Korean Autonomous Prefecture in Jilin also signed an agreement on bilateral economic cooperation with Kim Su-yol, the chairman of the Rajin-Sonbong special city people’s committee, at the sixth Northeast Asia Trade Expo in Changchun last Thursday.

Read the full story here:
N.Korea, China Promote Business in Border Area\
Choson Ilbo
9/6/2010

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PRC tells DPRK its time for reform

Thursday, September 2nd, 2010

According to the Choson Ilbo:

Chinese President Hu Jintao told North Korean leader Kim Jong-il in strong terms to reform the North’s failed socialist economy and open up the country, a senior South Korean government official said Wednesday.

He made the call during a meeting when Kim visited China last week, using rather more direct terms than Chinese Premier Wen Jiabao had used during Kim’s last visit in May, according to the official. Wen told Kim, “I’d like to introduce to you China’s experience in the reform and opening drive.”

But the official quoted Hu as saying, “Socialist modernization is based on China’s three-decade-long experience in reform and opening. Although self-reliance is important, economic development is inseparable from external cooperation.”

According to a Chinese official, Kim too directly used the terms “reform and opening”  this time. He reportedly told Hu, “Since its launch of the reform and opening drive, China has achieved rapid development.”

Up until recently, top Chinese leaders had regarded the terms as taboo words at bilateral summits for fear of upsetting North Korea’s delicate feelings, but Wen first broke the taboo in May, and Hu in his advice to Kim even used language such as “enterprise,” “market mechanism” and “external cooperation.”

A diplomatic source in Beijing said China’s insistence on talking about reform shows how concerned China is with the North’s mismanagement of the economy.

China’s business media made upbeat observations about the North turning toward reform, quoting Kim as saying he was “deeply impressed” after touring major cities in China’s northeastern region such as Changchun, Harbin and Jilin.

In an editorial Tuesday, the Global Times, a sister newspaper of China’s official People’s Daily, wrote, “Living in the shadows of South Korea, Japan and the U.S., North Korea has to wrap itself up tighter in order to fend off military threats, and threats of political and cultural infiltration. North Korea’s opening-up will help relieve tensions in Northeast Asia. But, the knot does not only lie on the North’s side. Other countries in this region must redouble their efforts to untangle the knot.”

It is unclear whether Kim will listen. The North Korean leadership is afraid of any reform that could weaken its stranglehold, and at the moment tight control is essential if the regime is to officially establish Kim Jong-il’s son Jong-un as his father’s heir.

Kim has paid lip-service to the Chinese economic development model before. After returning from a trip in the early 2000s, he introduced some timid elements of the market economy but swiftly clamped down when markets became too brisk and a new class of successful businesspeople began to look like a threat to his regime.

Han Ki-bum, a former deputy director of the National Intelligence Service in charge of North Korean affairs, in his doctoral thesis quotes Kim as telling economic officials in June 2008, “If you think I’m talking about reform and opening as if I were going to introduce the market economy you’re completely mistaken.”

At the moment, Kim apparently wishes to stick it out, but the North’s dire straits amid international sanctions will make it difficult to ignore Chinese demands.

At the meeting, Hu pointed out that economic cooperation between the two countries would be a “win-win strategy” where “the government takes the initiative, enterprises play a leading role, and the market mechanism is set in motion,” according to the South Korean official.

“That means that if China gives the North something, it should also pay in return,” a South Korean security official speculated.

Read the full story here:
Hu ‘Told Kim Jong-il It’s Time for Economic Reform’
Choson Ilbo
9/2/2010

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Agroforestry a success in DPRK

Wednesday, September 1st, 2010

According to Medical News Today:

In a country where good news is scarce, a pioneering agroforestry project in the Democratic People’s Republic of Korea is restoring heavily degraded landscapes and providing much-needed food for communities living on the sloping lands.

Jianchu Xu, East-Asia Coordinator for the World Agroforestry Centre, which has been providing technical expertise and training for the project since 2008, said agroforestry – in this case the growing of trees on sloping land – is uniquely suited to DPR Korea for addressing food security and protecting the environment.

“What we have managed to achieve so far has had a dramatic impact on people’s lives and the local environment,” Jianchu explains.

“Previously malnourished communities are now producing their own trees and growing chestnut, walnut, peaches, pears and other fruits and berries as well as medicinal bushes,” Jianchu explains. “They have more food and vitamins and are earning income through trading”.

Following the collapse of the socialist bloc in 1989 and a lack of subsidies for agriculture in DPR Korea, famine and malnutrition became widespread in rural areas.

DPR Korea is a harsh mountainous country where only 16% of the land area is suitable for cultivation. In desperation in the 1990s, people turned to the marginal sloping lands but this had a price: deforestation for cropping land and fuelwood left entire landscapes denuded and depleted of nutrients.

In an effort to reverse the situation, an innovative and pioneering project began in 2002 involving the Swiss Agency for Development and Cooperation (SDC) and Korea’s Ministry of Land and Environmental Protection. The World Agroforestry Centre was later brought in to provide technical advice.

Suan County has since expanded to 65 user groups in seven counties, with several hundred hectares of sloping land now under sustainable management. And the project is still growing.

A system of establishing user groups with one representative from each family has enabled demonstration plots to be set up and a large number of households to benefit from knowledge about growing multi-purpose trees. Such trees can improve and stabilize soils as well as provide fertilizer, fodder or fruits.

Most of the people farming the sloping lands are pension workers with little agricultural experience. The agroforestry systems they are now implementing and the techniques they have learnt are significantly increasing tree cover on the slopes as well giving them a diversity of crops.

Several of the user groups have started their own nurseries so that they can be self-sufficient and produce their own planting materials.

Initially a European consultant was engaged to provide advice on sloping land management, but in 2008 SDC brought the World Agroforestry Centre’s China office into the project.

“With similar experiences and history, our Chinese staff were well-placed to work in DPR Korea,” explains Jianchu. “It was important to have people with an understanding of the technical, institutional and socio-political context.”

There are very few international organizations operating in DPR Korea, and most of these are providing emergency relief. “With our strong focus on capacity development, we have established a good reputation,” adds Jianchu. So much so that the Centre is now negotiating a memorandum of understanding with the government and there are plans to establish an office in the country.

According to Jianchu, one of the most important aspects to ensuring the project is sustained is capacity development at all levels.

“As well as the user groups, we are providing training to multi-disciplinary working groups comprising representatives from the national academy, agricultural universities, forestry research and planning institutes, and staff of the Ministry.”

“There is an enormous need to improve knowledge and skills in DPR Korea in the area of natural resource management and to nurture young scientists,” says Jianchu. SDC is now investing in this area. Each year over the past few years, a handful of students from DPR Korea have undertaken studies with the Center for Mountain Ecosystem Studies, jointly run by the World Agroforestry Centre and the Chinese Academy of Sciences and hosted by the Kunming Institute of Botany in China. Some could be considered for a doctoral program in the future.

To further support the up-skilling of DPR Korea scientists and the up-scaling of agroforestry, the Centre will soon publish an agroforestry manual. Work is also underway on an agroforestry policy for sloping lands management and an agroforestry inventory.

Read the full story here:
Agroforestry A Success In North Korea
Medical News Today
Kate Langford
8/31/2010

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China sends emergency flood/food aid to DPRK

Thursday, August 26th, 2010

According to the AFP (h/t NKnews.org):

North Korea will receive emergency aid from China amid reports that the impoverished country’s food crisis would worsen this year.

China has decided to provide an unspecified amount of “emergency relief materials” to North Korea, its official Korean Central News Agency (KCNA) said late today.

“This measure will encourage the Korean people in their efforts to recover from the flood damage as early as possible and more energetically step up the building of a thriving nation,” it said.

The report followed a message of sympathy from China’s president Hu Jintao to North Korean leader Kim Jong-Il.

In the message, quoted by KCNA, Hu expressed deep sympathy and consolation over “the sad news that some parts of your country were hit by severe flood recently, causing causalities and property losses”.

The North has reported widespread flooding this summer which washed away homes, roads, railways and farmland, causing an unspecified number of deaths.

Heavy downpours last week swelled the Yalu river, which forms part of the border between China and North Korea, sending water spilling over its banks on both sides and inundating homes, roads and farmland.

After decades of deforestation, the North is particularly vulnerable to flooding. In 2007, it reported at least 600 people dead or missing from devastating floods.

Aid groups warned that this year’s flooding would aggravate the North’s chronic food shortages.

The North suffered a famine in the mid-1990s which killed hundreds of thousands. The UN children’s fund estimates one third of children are stunted by malnutrition.

A bungled currency revaluation last November, designed to flush out entrepreneurs’ savings, backfired disastrously, fuelling food shortages and sparking rare outbreaks of unrest.

In 2008 South Korea suspended an annual rice shipment to its impoverished neighbour as relations soured.

For its part, South Korea has also offered to send assistance.  According to Yonhap:

South Korea’s Red Cross on Thursday proposed providing aid to North Korea to help the communist neighbor recover from recent flood damages, an official said.

The proposal was made in a message delivered to a inter-Korean office in the North Korean border town of Kaesong, a Unification Ministry official in Seoul said, declining to be identified.

The ministry said earlier in the day that it was considering allowing emergency relief assistance to North Korea, but did not elaborate. The North, which remains technically at war with the South, had to evacuate a large number of people when heavy rains raised the level of rivers on its border with China and flooded its towns earlier this month.

“It’s not just the people in the Sinuiju border area that we’re considering providing aid to,” a Red Cross official said by phone, declining to be named. “We will follow the examples of 2006 and 2007 when we provided help, but the scale of aid this year will be determined upon exact assessments.”

“The emergency aid will mainly consist of noodles, water, milk and the likes,” the ministry official said, ruling rice out.

The aid, if accepted, could open room for improvement in the inter-Korean relations, which have soured since South Korea blamed North Korea in May for the sinking of its warship. Pyongyang denies involvement in the sinking that killed 46 sailors.

Read the full stories here:
North Korea to receive aid from China
AFP
8/26/2010

S. Korea’s Red Cross proposes sending flood aid to N. Korea
Yonhap
Sam Kim
8/26/2010

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Chinese investment blurb

Monday, August 23rd, 2010

According to an article in the Korea Times:

Approximately 100 small Chinese companies out of 150 that have investments in North Korea are based in Jilin and Liaoning Provinces near the northeastern border with the North.

Read the full story here:
Investments in NK limit China’s policy choices
Korea Times
Kang Hyun-kyung
8/20/2010

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Dandong launches DPRK trade program

Thursday, August 19th, 2010

According to Reuters:

A northeast Chinese border city that is a key portal with isolated neighbour North Korea has launched a pilot scheme to settle export deals in China’s yuan currency, the city’s official newspaper said on Thursday.

North Korea’s struggling economy has come under greater strain after a chaotic attempt to re-denominate its currency last year hurt private traders and alarmed Chinese merchants.

The yuan’s trial use appears intended to boost Chinese exporters’ confidence in doing more above-the-table deals with the North, often a perilous gamble even in smoother times.

Many Chinese traders doing business with the North already use the yuan, dollar, euro in cash or even barter to settle export of food, clothes, appliances and other cheap goods in often informal or convoluted transactions. Smuggling and illicit deals are common along the border, marked by the Yalu River, a few dozen metres (feet) wide in many parts.

The Dandong Daily reported that approved exporters in Dandong will be able officially to carry out business in yuan.

The Chinese government announced in June that all of its trading partners would be able to invoice and settle imports and exports in yuan, but so far such transactions have been primarily confined to trade between China and Hong Kong.

“This means that state-designated export businesses in Dandong that engage in external trade can use the renminbi to settle transactions,” said the Chinese-language Dandong Daily (www.ddrb.cn) of the scheme, which began on Wednesday.

The renminbi is another name for the yuan.

“This will reduce exchange rate risks and the costs of doing business, and smooth out enjoying export tax rebate policies, as well as improving capital utilisation,” said the report.

The scheme will also cover approved small-scale exports passing through customs posts at Dandong, it said.

The new scheme will allow exporters to enjoy rebates and other benefits for trade, but will also depend on North Korean importers being allowed to deal legally in yuan.

Dandong lies on the Yalu, and at night its neon-lit riverfront faces the darkness of the electricity-starved North.

North Korea’s dependence on Chinese goods and aid has deepened as Pyongyang’s ties with South Korea have frayed.

According to Chinese customs data, in the first six months of 2010, China’s trade with North Korea was worth $1.3 billion (835.6 million pounds), a rise of 15.2 percent on the same time last year.

China’s exports to the North grew by a quarter, but its imports fell by 4.8 percent, the customs data show. As much as 70-80 percent of that trade passed through Dandong, according to earlier Chinese news reports, citing local customs officials.

Read the full story here:
China city launches yuan trade scheme with North Korea
Retuers
8/19/2010

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DPRK-PRC trade statistics

Monday, August 16th, 2010

According to the Daily NK:

Trade between North Korea and China for the first half of 2010 was $1.29 billion, a 16.8% increase over the corresponding period of last year.

Using Chinese customs statistics, the South Korean embassy in China revealed the details of Sino-North Korean trade on Monday. According to the statistics, North Korean exports to China fell by 1.1% in the same period to $350 million, while imports from China increased by 25.2% to $940 million.

As a result, North Korea’s trade deficit with China was $590 million, a 48.5% increase over the previous year.

According to the statistics, North Korea imported 140,000 tons of food, 300,000 tons of oil and 100,000 tons of fertilizer during the period. Notably, flour imports rose by 383%.

Reduced inter-Korean trade and other economic exchanges following the Cheonan sinking and reduced international humanitarian aid due to UN sanctions were two of the most significant causes of the burgeoning reliance upon China.

Read the full story here:
Sino-North Korean Trade Deficit Rises
Daily NK
8/16/2010

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