About the Author
Anton Sokolin
Anton Sokolin is the data correspondent at NK News. He previously worked at Reuters, TASS and the Korea Trade Promotion Corporation (KOTRA).
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News North Korea’s trade with China sees on-month surge in August but on-year declineUptick implies economic relations between pair are improving but nominal value suggests overall stagnation says expert
North Korea’s trade with China saw a sharp on-month jump in August but declined from the same month last year, with an expert suggesting the general downward trend may signal stagnation in relations between Pyongyang and Beijing. Commercial exchanges between the two countries topped $177 million last month, up from $145 million in July, while remaining below the $191 million recorded in Aug. 2023, China’s General Administration of Customs (GAC) reported on Wednesday. The current uptick marks the end of a continuous decline in trade turnover since April, but it remains to be seen whether this represents a one-off spike © Korea Risk Group. All rights reserved. |