NK News – North Korea News
19th May 2013
 

Chinese Businesses Pour into N.Korea’s Rajin-Songbong

Chinese Businesses Pour into N.Korea’s Rajin-Songbong

North Korea’s Rajin-Sonbong special economic zone is seeing a rapid influx of Chinese businesspeople as the impoverished country becomes more desperate amid international sanctions and the aftermath of a botched currency reform. The zone was established in 1991 to attract hard currency but had been practically idle except for a few small traders, due to

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