How gas prices show China’s leverage over the North Korean economy
This year's fluctuations show Beijing can pressure Pyongyang - but other factors are also at work
The spring and summer of 2017 have been an unusual time in recent history for relations between North Korea and China. This is perhaps truer for economics than for politics. As many point out to demonstrate why President Trump’s North Korea strategy will not work, China has rarely had direct and full leverage over North Korean regime decisions and the DPRK is certainly no client state of China’s.
Nevertheless, it is hard to deny that China holds significant potential leverage over the North Korean economy. After all, around 90 percent of recorded external trade by North Korea
- 01Timeline: From North Korean satellite launch to Yoon-Kishida summit in Seoul
- 02State media review: North Korea says ‘no reason’ it can’t meet with Japan
- 03North Korea primed for quick rebound after satellite launch failure: Analysis
- 04What to make of conflicting signs about a North Korean border reopening
- 05North Korea hacked an election body. But political interference wasn’t the goal.
- 06Secrecy surrounding North Korea’s upcoming plenum points to big changes afoot
- 07State media review: North Korea provides a front-row seat to anti-Yoon protests
- 08By linking radars, ROK and Japan reduce blind spots around North Korean missiles