What future investors in the DPRK can learn from China’s reform and opening
Potential opportunities exist, but historical precedent shows risks of expropriation and corruption
China’s reform and opening paid dividends for many of those involved—the nation’s economy benefited, as did China’s investors and trading partners. The GDP growth and investment boom which accompanied reform and opening also led to higher wages and living standards for hundreds of millions of Chinese individuals.
Many investments were not without problems, however, and while a dynamic North Korean economy would be enticing to multinationals, China’s experience demonstrates that there are several potential pitfalls.
Key sectors for investment
If North Korea were to pursue a similar mode
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