China's shifting economic circumstances have been impacting the structure of its economic cooperation with North Korea. The Chinese economy has been slowing down since 2007 and China's Northeastern region has been suffering from labor shortage, especially young labor. Decreasing raw material...

The year 2015 marked the first time North Korea's trade with China shrank since 2009. According to China Customs, North Korea's trade with China in 2015 recorded 5.4 billion, a drop by 14.7% from 6.4 billion in 2014. Exports to China recorded 2.5 billion, 12.6% lower than the 2.8 billion in...

North Korea declared a “breakthrough in sanctions” through self-rehabilitation at the Labor Party Central Committee meeting held on December 28-31, 2019. How is the North Korean economy now? In 2019, North Korea’s imports and exports to China each slightly increased compared to the...

The second North Korea–United States Hanoi Summit broke down without producing an agreement. Although the denuclearization talks between North Korea and the United States will need to progress further for the situation to become clear, it appears that the U.S. considers sanctions against North...