The New Look of North Korea’s Economy: ‘It’s All Capitalism There Now’

Malaysia News News

The New Look of North Korea’s Economy: ‘It’s All Capitalism There Now’
Malaysia Latest News,Malaysia Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

“It’s all capitalism there now.” Markets in North Korea are one way it’s surviving sanctions.

Dasl Yoon Feb. 25, 2019 12:33 p.m. ET The U.S. has been leading a world-wide campaign to pressure North Korea into giving up its nuclear arsenal through an increasingly stringent sanctions regime. Available evidence suggests it’s not working.

Economic indicators show day-to-day commerce in the country has remained resilient. And many residents, having lived through much harsher conditions in the 1990s, appear to be adapting as market forces take deeper root, according to three dozen defectors, humanitarian workers, government officials and other visitors interviewed... To Read the Full Story

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

Malaysia Latest News, Malaysia Headlines



Render Time: 2025-02-27 03:30:01