July 07, 2022

North Korea Names New Prime Minister

New premier Pak Pong Ju tipped to be fan of Chinese-style economics

WASHINGTON D.C. – Pak Pong Ju, a former Prime Minister and rumoured proponent of Chinese-style economic reforms, has been re-appointed to the position by North Korea's parliament after being forced to step down in 2007.

Pak was first appointed as premier in 2003, taking over from Hong Song Nam, after North Korea passed modest economic reforms. It was believed at the time that he favored Chinese-style reforms, but what he ultimately passed was eventually rolled-back by 2005.