Tag: chinese yuan
Private traders still control goods distribution after passing through customs
North Korea has consolidated its foreign trade under officially licensed trading companies, sidelining independent traders from the import process. But once goods clear customs,...
In North Korea, a Chinese phone now costs as much as...
Chinese phone prices have surged along North Korea's border with China this year. Intensifying crackdowns and a halt in state-led smuggling have sharply reduced...
North Korea sends new wave of workers to China as surveillance...
North Korean workers are once again filling factory floors in China, as large numbers of new arrivals replace those who returned home over the...
Cheap North Korean coal keeps flowing into China despite U.N. ban
North Korea's mineral exports to China have recently increased, as Beijing appears to be enforcing sanctions on the North less strictly amid warming ties...
North Korea skims pay hike meant for workers sent to China
Contract wages for North Korean workers newly dispatched to China have risen sharply in recent months, but the increase is only inflating what Chinese...
As won crashes, rural North Koreans rush to buy dollars
A growing number of people in rural North Korea are converting their spare cash into U.S. dollars or Chinese yuan, as fears grow that...
North Korea’s wealthy still crave South Korean cosmetics despite crackdown
Demand for South Korean cosmetics among North Korea's wealthy elite shows no sign of slowing, and smugglers have begun repackaging the products into Chinese...
North Korea rice prices hit 17-year high as corn costs surge
Rice prices in North Korea climbed to their highest level since the country's 2009 currency redenomination in mid-August 2026, according to Daily NK's latest...
N. Korea rice prices hit record high as exchange rate climbs
Rice prices in North Korean markets have surged to a record high in July 2026. The spike follows a brief lull earlier this month,...
Wealthy North Korean youth hide old players to dodge crackdowns
Young North Koreans from wealthy families are deliberately buying old, worn-out video players instead of newer models. They can easily afford better devices. Instead,...
