October 7, 2009
China Eyes N. Korea's Mineral Wealth
Christian Oliver, Financial Times
Wen Jiabao, China’s premier, can hail his visit to North Korea as a bit of a diplomatic coup. Now the question is whether there is an economic dividend too.
After bear hugs with Kim Jong-il and co-operation deals, Mr Wen engineered the geopolitical compromise he wanted, with the North Korean leader on Tuesday announcing he might return to international talks on dismantling his nuclear weapons programme if he gets the kudos of direct talks with the US first.
Mr Kim’s announcement did not guarantee fresh six-party talks between Beijing, Seoul, Moscow, Tokyo, Pyongyang and Washington but restored political goodwill.
Yet if resource-hungry China hopes revived camaraderie will also grant it a large bite of North Korea’s...
TAGGED: Kim Jong Il, Wen Jiabao, North Korea, China