| Won | Pyongyang | Sinuiju | Hyesan |
|---|---|---|---|
| Exchange Rate | 8,130 | 8,110 | 8,125 |
| Rice Price | 5,770 | 5,740 | 5,800 |
Establishment of a Pro-Chinese Regime
- The North Korean Future: Four Giddy Scenarios: Part. 3
Human beings do not have the ability to foresee the future, as history has shown. Theories by which we can scientifically prophesize the future, such as Marxism, have all turned out to be failures.
However, if we investigate historical experiences and global trends, we can predict some believable scenarios for the medium-term. These kinds of scenarios are just hypothetical reasoning, but through them we can guess the future in a broad way.
For example, here are four scenarios for the foreseeing of North Korea¡¯s future as of June 2008: market reform in the Chinese way; unification by co-option into South Korea; establishment of a pro-Chinese regime; and long term chaos.
Therefore, it is natural that China, which does not want any unrest or Korean unification through co-option into the South, might welcome the establishment of a pro-Chinese regime.
There are two kinds of lead-ins to the establishment of a pro-Chinese regime. First, if political unrest arises in North Korea, the Chinese People¡¯s Liberation Army, in collusion with North Korean power, could politically control North Korean society under the pretext of a ¡°peace keeping project in the Korean Peninsula.¡± The other case is this: before this crisis comes, China might assist the pro-Chinese factions within the Pyongyang leadership to grasp control of the regime.
North Korean elites would likely welcome the Chinese interference because they neither want riots and social strife, nor the losing of their privileges and being punished under a unified government by South Korea. However, the interference would not be like the Japanese annexation of Korea in 1910, in which China would occupy the North Korean territory, but more like the relationship between the eastern European countries and the U.S.S.R., in which China would guarantee North Korean sovereignty and control it behind the curtain.
The result of this scenario would be similar to that of the first scenario, the Market Reform scenario. The pro-Chinese regime could not help but carry out market reform in the Chinese way. China would regulate other factions¡¯ defiance as well as support the regime with Chinese capital and experience. Despite the pro-Chinese satellite regime¡¯s governing, the lives of North Korean people might remarkably improve.
There are bright sides in this scenario, but from South Korean nationalists¡¯ perspective, it must be viewed as unacceptable. It is not clear if China will withdraw from North Korea, but this third scenario implies the eternal division in Korean Peninsula. The interference of China would deteriorate the international circumstance surrounding the Korean Peninsula and make Korea a close match ground for the powerful countries of the world, as it was in the late 19th and early 20th centuries.
The North Korean Future: Four Giddy Scenarios:
Part. 1: Market reform in the Chinese way
Part. 2: Unification by co-option into South Korea
Part. 3: Establishment of a pro-Chinese regime
Part. 4: Long term chaos
Objective analysis of North Korean changes










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