North Korea May be Trying an Experiment in Capitalism with China

North Korean Cabinet Premier Choe Yong-rim is visiting northeastern China to step up joint economic projects, according to unnamed diplomatic sources. Choe\'s t...

North Korean Cabinet Premier Choe Yong-rim is visiting northeastern China to step up joint economic projects, according to unnamed diplomatic sources. Choe’s trip is the third high level visit to China related to North Korean manufacturing enterprises. Cumulatively, the reports indicate North Korea and China have reached an agreement about conducting an experiment in North Korean capitalism in northeastern China. If such an experiment is in progress and makes a profit, it could lead to Chinese-style economic changes in North Korea, the world’s last “Stalinist” system.

Copyright © 2024 Federal News Network. All rights reserved. This website is not intended for users located within the European Economic Area.

    Trump Transition

    What to know about Pam Bondi, Trump’s new pick for attorney general

    Read more
    Amelia Brust/FNNFederal budget request concept

    House GOP setting up DOGE subcommittee to address ‘wasteful’ federal spending

    Read more