October 31, 2012

North Korea Bites the Hand That Feeds It

Jonathan Miller, Asia Sentinel

AP Photo

What is US$40 million to the world’s second largest economy? The number, while not insignificant, is merely a sliver of the nearly US$6 billion in annual bilateral trade between China and its mercurial neighbor, North Korea. Yet the recent news that Beijing and Pyongyang are at loggerheads over a quashed deal to build a Chinese-backed mine across the border has been the latest setback in a series of disagreements between the two. Earlier this week, the New York Times released a report detailing the fallout from a failed business relationship between Chinese mining giant Xiyang and authorities in North Korea. According to Xiyang officials, North Korea attempted to renegotiate its contract with the company about the mine after the fact in order to provide more financial...

Read Full Article ››

TAGGED: China, North Korea


October 26, 2012
When North Korea Collapses
Robert Kaplan & Rodger Baker, Stratfor
How does one define collapse? The loss of central authority in the capital of Pyongyang, while fast-moving in a historical sense, might nevertheless play out over weeks rather than days. So at what point does China move forces... more ››
"I'd actually like to move to Iran," declared the real winner of last week's vice presidential debate -- moderator Martha Raddatz -- "because there's really no bigger national security [threat] this country is facing." Both... more ››
South Korea and the United States reaffirmed their strong determination to deter any North Korean aggression or military provocation during their annual Security Consultative Meeting in Washington Wednesday. The allies agreed to... more ››
October 20, 2012
Stealth Reform in North Korea?
Ben Ascione, East Asia Forum
f economic reform is going to be successful over the long-term there are a number of challenges that must be addressed. For one, Kim Jong-un will need to continue to consolidate his grip on power. Social order will help him... more ››
October 31, 2012
Korea Must Build Support for Reunification
Sakong Il, JoongAng Daily
Considering the impoverished state of North Korea, the number of North Koreans flooding into the South would naturally be much greater. Therefore, we must be prepared for a sudden migration. We also need to reach a consensus on... more ››