From North Korea, Word of Shortages, Grudges, page 1
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Topic started on 3-9-2010 @ 11:42 PM by ironfalcon

From North Korea, Word of Shortages, Grudges


online.wsj.com
DANDONG, China—One evening last week in this Chinese border city, restaurants bustled and taxis honked. Tall buildings were clad in LED displays. Just beyond the din, an empty one-lane bridge extended across the Yalu river, to a darkened North Korean city on the other side.

This narrow border bridge is North Korea's lifeline to the outside world, carrying what economists estimate is some 70% of the country's trade volume. Earlier in the day, roughly 100 trucks and four trains traveled across
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reply posted on 3-9-2010 @ 11:42 PM by ironfalcon


The bridge at Dandong, China, above, is North Korea's main link to the world.



Leader Kim Jong Il visiting China's Hu Jintao in late August.

There's nothing much that is new about the economy of the hermit kingdom, that is, the Democratic People's Republic of Korea.

The one-party state relies heavily on imports from its benefactor, the PRC, for its foodstuffs, fuel and other necessities.

Making money in North Korea is the facet of economic survival.

online.wsj.com
(visit the link for the full news article)
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