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December 23, 2024
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Economy

Information related to the North Korea economic sector

North Korea’s new China ambassador may boost economic cooperation to new heights
Analysis

North Korea’s new China ambassador may boost economic cooperation to new heights

Diplomat Ri Ryong Nam was appointed around the same time as a series of reports on increased China-DPRK cooperation

North Korea’s new China ambassador may boost economic cooperation to new heights
John PetrushkaJohn Petrushka March 18, 2021
China’s new domestic vaccine mandate could devastate future North Korea travel
Analysis

China’s new domestic vaccine mandate could devastate future North Korea travel

Beijing announced that visa applicants will have to be inoculated with a Chinese-made vaccine

China’s new domestic vaccine mandate could devastate future North Korea travel
Chad O'CarrollChad O'Carroll March 18, 2021
Energy plant powering North Korea’s capital city in a state of ‘dire disrepair’
News

Energy plant powering North Korea’s capital city in a state of ‘dire disrepair’

One of North Korea’s biggest energy sites is nearing its end while another remains under construction, new report says

Energy plant powering North Korea’s capital city in a state of ‘dire disrepair’
Min Chao ChoyMin Chao Choy March 17, 2021
Sluggish progress on key construction despite rare visits by DPRK leader
News

Sluggish progress on key construction despite rare visits by DPRK leader

Homes built after storm may have stalled work on Kim’s favored chicken farm 

Sluggish progress on key construction despite rare visits by DPRK leader
Colin ZwirkoColin Zwirko March 12, 2021
North Korean shipping rises in early March, hinting at loosened quarantine rules
News

North Korean shipping rises in early March, hinting at loosened quarantine rules

13 ships made significant voyages, with old identities resurfacing after years off-grid

North Korean shipping rises in early March, hinting at loosened quarantine rules
Min Chao ChoyMin Chao Choy March 12, 2021
Here we go again: Kim Jong Un is pinning false hope on tech to fix his economy
Analysis

Here we go again: Kim Jong Un is pinning false hope on tech to fix his economy

From Mao to Stalin, communist leaders have pushed bad science in hope of achieving their socialist utopias

Here we go again: Kim Jong Un is pinning false hope on tech to fix his economy
Andrei LankovAndrei Lankov March 12, 2021
North Korea pushes contactless payments, claims growth in online shopping
News

North Korea pushes contactless payments, claims growth in online shopping

State media touts E-payments via mobile apps and QR codes as way to prevent the spread of COVID-19

North Korea pushes contactless payments, claims growth in online shopping
Colin ZwirkoColin Zwirko March 11, 2021
From McDonald’s to Walmart: How North Korea can reinvent its economy
Analysis

From McDonald’s to Walmart: How North Korea can reinvent its economy

Large Western retail corporations could serve as a model for Pyongyang’s centrally-planned production

From McDonald’s to Walmart: How North Korea can reinvent its economy
Peter WardPeter Ward March 10, 2021
North Korean ships resume coal smuggling as ice and restrictions thaw
News

North Korean ships resume coal smuggling as ice and restrictions thaw

Vessel movements near Nampho port’s coal yard in February indicate loosened COVID-19 measures

North Korean ships resume coal smuggling as ice and restrictions thaw
Min Chao ChoyMin Chao Choy March 9, 2021
North Korea-Russia trade plummeted by nearly 42% in 2020 — the year of COVID-19
News

North Korea-Russia trade plummeted by nearly 42% in 2020 — the year of COVID-19

New data suggests that trade between Pyongyang and Moscow suffered greater blows than previously thought

North Korea-Russia trade plummeted by nearly 42% in 2020 — the year of COVID-19
Min Chao ChoyMin Chao Choy March 5, 2021
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