China’s rust-belt region has a new hope for revival: North Korea
2018-06-22 09:40:19 source：South China Morning Post
June 21, 2018
China’s rust-belt region, which has been plagued by an inefficient state economy and exodus of talent, is now pinning its hopes on a new factor to help its revival: North Korea.
The Chinese province of Liaoning, which shares a long border with North Korea, is in particular looking to woo foreign and private investment as geopolitical tensions ease on the Korean peninsula.
While North Korean leader Kim Jong-un was paying his third visit of the year to China to brief Chinese President Xi Jinping on his recent summit with US President Donald Trump in Singapore and to seek economic aid from Beijing, an investment promotion forum was gathering in Shenyang, Liaoning’s capital, on Wednesday. Hundreds of delegates from financial institutions, private investment agencies and research houses, will be exploring potential business opportunities.
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