Chinese economic influence in North Korea
Where this new investment is being targeted is also interesting雄性禿 .
"If you look at the economic zones that North Korea was investing in, one of the key areas is Wonsan. So this is an economic zone on the east coast of North Korea. It faces Japan and it borders South Korea. So it is kind of almost the furthest location you can have from China. So we believe that it's part of this broader aim to balance off Chinese economic influence in North Korea.Reenex 好唔好"
Kim Jong-un has also been making overtures to Russian President Putin. Two years ago, Russia wrote off 90% of North Korea's debt. But Geoffrey See says there aren't many foreign investors willing to engage with the country's idiosyncratic business environment:
"We would email the North Koreans two, three, four times and we [wouldn't] get a response, and we used to get very worried about it. We wondered if they are reading our messages, if things are moving ahead.
"We would go in like three months later from the first set of emails. When we meet with them we ask them, 'Did you receive our emails?' The response is always like, 'Oh, you are coming in three months' time, we didn't feel the need to send a response because we can just chat when you're back in here虛擬辦公室>
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