Nork Elites Keep Wasting Money on Luxury Goods
Newly released data show that North Korea's ruling elite is spending more money on luxury goods despite chronic food shortages most ordinary North Koreans face.
According to government data from South Korea and China released Wednesday, North Korea's total imports in the first five months of the year exceeded US$1.1 billion, but only 4 percent of the total was food. Cigarette imports jumped 117 percent from last year, while alcohol saw a 94 percent increase.
Posted by: Steve White 2011-07-22 |