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China's Investment Viewed as Boon for Norks
A U.S. expert on North Korea said that China's investment in the economic zone of Rajin-Sonbong in the North may provide the leader of the reclusive country a chance to sustain the current leadership.Scott Snyder, a senior associate of the Asia Foundation, claimed that Beijing's decision to invest in the North is likely to be aimed more at helping Kim Jong-il maintain power by financing new sources for hard cash at a time when the nation is going through economic difficulties. Meanwhile, authorities in China's Jilin province say they have reached an agreement to lease the Rajin-Sonbong port for a decade. Posted by: Steve White 2010-04-29 |
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