China’s economic slowdown bodes ill for North Korea and denuclearization efforts



Analysis China’s economic slowdown bodes ill for North Korea and denuclearization efforts Reduced consumer demand and increased risk aversion likely to impact DPRK sectors ranging from coal exports to tourism Peter Ward October 12, 2022 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON North Korean leader Kim Jong Un at the opening of a new greenhouse farm \| Image: KCNA (Oct. 11, 2022) China’s economy has slowed down considerably in the past year, primarily due to COVID-related restrictions and their impact on consumers and industry. But the slow-motion bursting of China’s real estate bubble and its consequences for gross domestic product will likely have a significant impact in the years to come on the region and the world — including North Korea. NK Pro analysis indicates that the slowdown afflicting the Chinese economy and the structural changes the country is likely to undergo in the coming years will have a range of consequences for the DPRK: China faces Read More © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. LATEST ANALYSIS 01New North Korean ICBM delivers big political message, and likely bigger payloads 02How North Korea-Russia ties will challenge next US president, no matter who wins 03What to make of the stunning collapse in value of North Korean won 04What to know about Kim Yong Bok, the man leading North Korean troops in Russia 05If Trump: How erratic leader’s reelection could scramble North Korea policy 06North Korea’s admission of drone incursion exposes glaring gaps in air defenses 07The war in Ukraine is transforming how Europe perceives North Korean threats 08What North Korea stands to gain by sending troops to fight in Ukraine 09Satellite imagery shows DPRK laid explosives at edge of MDL to destroy roads 10Deciphering the return of No Kwang Chol as North Korea’s minister of defense

Analysis

China’s economic slowdown bodes ill for North Korea and denuclearization efforts

Reduced consumer demand and increased risk aversion likely to impact DPRK sectors ranging from coal exports to tourism

Peter Ward October 12, 2022

China’s economic slowdown bodes ill for North Korea and denuclearization efforts

North Korean leader Kim Jong Un at the opening of a new greenhouse farm | Image: KCNA (Oct. 11, 2022)

China’s economy has slowed down considerably in the past year, primarily due to COVID-related restrictions and their impact on consumers and industry. But the slow-motion bursting of China’s real estate bubble and its consequences for gross domestic product will likely have a significant impact in the years to come on the region and the world — including North Korea.

NK Pro analysis indicates that the slowdown afflicting the Chinese economy and the structural changes the country is likely to undergo in the coming years will have a range of consequences for the DPRK:

China faces

01New North Korean ICBM delivers big political message, and likely bigger payloads
02How North Korea-Russia ties will challenge next US president, no matter who wins
03What to make of the stunning collapse in value of North Korean won
04What to know about Kim Yong Bok, the man leading North Korean troops in Russia
05If Trump: How erratic leader’s reelection could scramble North Korea policy
06North Korea’s admission of drone incursion exposes glaring gaps in air defenses
07The war in Ukraine is transforming how Europe perceives North Korean threats
08What North Korea stands to gain by sending troops to fight in Ukraine
09Satellite imagery shows DPRK laid explosives at edge of MDL to destroy roads
10Deciphering the return of No Kwang Chol as North Korea’s minister of defense

China’s economic slowdown bodes ill for North Korea and denuclearization efforts

LATEST ANALYSIS

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Peter Ward