Posts tagged ‘Dandong’

18/09/2014

N. Korea, China to open major bridge next month

North Korea and China are set to open a major suspension bridge across the Amnok River in October, paving the way for closer economic relations between the allies, China’s state media reported Thursday.

The 3-kilometer, 2.2 billion yuan (US$357 million) bridge links the North’s border city of Sinuiju to the neighboring Chinese city of Dandong over the river, also called the Yalu River in China. Dandong handles more than 70 percent of bilateral trade with North Korea.

The official China News Service, without citing any sources, reported that the bridge will be opened in October, when the two nations hold a joint trade fair in Dandong.

If the Chinese-funded bridge opens, the report said, “Dandong will become more important in China-North Korea trade.”

The bridge illustrates the view in China that economic engagement with North Korea is a prerequisite to persuading it to abandon its nuclear weapons program, and its resistance to U.S. calls to exert more economic leverage to restrain the regime.

A series of provocations by the North, including last year’s nuclear test, have strained political ties with its last-remaining ally, China. Still, many analysts believe that Beijing will not put strong pressure on Pyongyang due to the risk of aggravating the current situation.

via N. Korea, China to open major bridge next month.

02/01/2014

China to open high speed rail link to North Korean border in 2015 | Reuters

China will open a high-speed rail line to the North Korean border next year, state media said on Thursday, in a sign that China remains committed to boosting trade and economic ties with the isolated, nuclear-armed state.

This is a map of the Yalu River drainage basin.

This is a map of the Yalu River drainage basin. (Photo credit: Wikipedia)

The line, under construction since 2010, will run 207 km (127 miles) from Shenyang to the border city of Dandong, which faces North Korea across the Yalu River, and will shorten the train journey from 3 1/2 hours to one hour, the official Xinhua news agency said.

As much as 80 percent of trade between China and North Korea passes through Dandong, which is near one of North Korea\’s special economic zones on Hwanggumpyong island.

China has encouraged the development of three special economic zones in North Korea, hoping to tap low labor costs and encourage the North to see the benefits of economic reform, even while publicly rebuking it over its nuclear weapons program.

China has stepped up checks on shipments to and from North Korea following its third nuclear test last year, but has shown no sign of cutting the country off completely, lest the impoverished state collapse, bringing with it a destabilizing wave of refugees.

While there has been little sign of progress in the new economic zones, China continues to improve infrastructure on its side of the border, including building a bridge from Dandong into North Korea.

via China to open high speed rail link to North Korean border in 2015 | Reuters.

15/12/2013

BBC News – North Korea ‘summons business people from China’

North Korean business people are being recalled from China following the execution of top official, Chang Song-thaek, says a South Korean report.

Kim Jong-un (North Korean leader) – centre, black coat; Hwang Pyong-so (Vice-departmental director of Party Central Committee) - far left, civilian clothes; Choe Ryong-hae, (Vice-marshal of the armed forces) - third from left, holding little green book; Jang Jong-nam (New defence minister) - 4th from left, holding big notes

Leader Kim Jong-un may be purging associates of Mr Chang, who was in charge of economic ties with China.

Mr Kim has been pictured by state media for the first time since the execution of Mr Chang, his uncle.

The South Korean government believes Kim Jong-un is trying to consolidate his power through a reign of terror.

The execution of the leader\’s uncle on Friday raised international concern about the stability of the nuclear-armed state.

North Korea has summoned back business people working out of the north-eastern Chinese cities of Shenyang and Dandong, sources told the South Korean news agency Yonhap.

They are in China to enhance bilateral trade and investment.

Another source told the agency Pyongyang planned to bring all officials and staff home from China in stages.

It appeared to be a crackdown on those perceived as loyal to Mr Chang, Yonhap said.

It could also be another sign that Mr Chang\’s downfall reflected discomfort at his enthusiasm for Chinese-style economic reform.

There have been other reports over recent days about officials being recalled to North Korea from abroad.

via BBC News – North Korea ‘summons business people from China’.

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