Chinese investment in North Korea

After Nearly 4 Year Gap, North Korea Begins Issuing Visas for Chinese Businesspeople

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After Nearly 4 Year Gap, North Korea Begins Issuing Visas for Chinese Businesspeople

North Korea has begun issuing visas to Chinese nationals again, around three years and 10 months after the government closed the border due to the COVID-19 pandemic. The authorities are prioritizing visas for Chinese traders, investors, and technicians. On Saturday, Daily NK obtained a photo of a visa North Korea issued to a Chinese national … Read more

North Korea Is Desperately Seeking Foreign Currency to Fund Its Military

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North Korea Is Desperately Seeking Foreign Currency to Fund Its Military

The Koreas | Economy | East Asia A consulate in China ordered trade officials to identify collaborators who can send or launder money, even if they cannot directly invest in North Korea. Advertisement North Korean authorities recently ordered trade officials to collect even more foreign currency, citing the fact that the country’s military industry urgently needs money, Daily NK … Read more