Posts from category North Korea News

Staunch Trade Ties Do Not Vouch Chinese to Invest in N-Korea

on July 28, 2010 by admin in Bilateral Trade, Business, China Business News, North Korea News, Trade Deals, Trade News, Comments Off

A Chinese trade expert in an interview to the Global Times, a Chinese newspaper and arm of People’s Daily told many Chinese companies had lost money while trading and investing in North Korea as the country often changed its policies.… Continue reading

N-Korean Redenomination Boomerangs – Economy Collapses

on February 4, 2010 by admin in China Business News, North Korea News, World Business News, Comments Off

Several reports suggest the fizzled out redenomination or currency swap enacted by North Korea to contain inflation has literally brought the country to its knees. Last November’s decree which gave citizens one week to surrender/exchange 100,000 old won (North Korean… Continue reading

N. Korean Satellite Launch May Deflect ASEAN Summit’s Real Purpose

on April 9, 2009 by admin in ASEAN News, Asia Pacific Trade, Australian News, Business, Global Economy, North Korea News, Protectionism, Recent Summit, Trade News, Comments Off

The second phase of the 14th ASEAN Summit and related summits which is scheduled to be held on 10-12 April in the Thai resort city of Pattaya is feared to be used as a platform for discussing the North Korean… Continue reading