Showing posts with label North Korean economy. Chinese economy. trade zones. Show all posts
Showing posts with label North Korean economy. Chinese economy. trade zones. Show all posts

Friday, June 10, 2011

China to develop N. Korea trade zones

(FT) -- China has broken ground on two economic development zones in North Korea, in a tentative sign that the secretive Leninist state is warming to Chinese-style economic reforms.

China's commerce ministry said on Thursday the countries would develop two "government-led, enterprise-based and market-oriented" economic zones close to the Chinese border.