Tag: manufacturing
North Korea orders custom e-bikes from China, eyes local production
North Korea is ordering custom electric bicycles from Chinese manufacturers and importing the finished products to meet rising domestic demand. At the same time,...
Chongjin party boss dodges inspection
The Workers' Party of Korea secretary at a munitions factory in Chongjin, North Hamgyong province, checked into a sanatorium for 40 days just as...
North Korea shifts China ventures toward learning
North Korea-China joint ventures are shifting in focus, with Pyongyang moving beyond simply attracting Chinese capital and equipment to absorb Chinese production methods and...
North Korea offers custom deals to attract China
Chinese investors visiting North Korea are increasingly favoring a phased approach to their investments. They weigh profitability at each stage before committing more capital....
North Korea’s provincial firms need autonomy, not new specifications
North Korean authorities have been pushing provincial factories to update their product specifications to improve quality and lift flagging market demand — but updating...
North Pyongan procurement officers ramp up activity in sign of North...
North Korea's foreign currency earning operations in North Pyongan province have stepped up activity in April, with raw materials procurement officers fanning out across...
North Korea scrambles for raw materials to revive light industry
Two North Korean trade bureaus are scrambling to source raw materials as part of a state-driven push to revitalize the country's light industry sector.
A...
North Korean trading companies ghost Chinese clients, sell goods for triple...
Contract manufacturing accounts for such a large share of North Korea's official trade with China that wigs and false eyelashes are its top exports....
N. Korea credits Russia cooperation for economic gains during five-year period
North Korea's Cabinet has reviewed economic progress during the five years of the Eighth Party Congress and announced tasks for the remainder of the...
Understanding inflation in North Korea: Demand-pull and cost-push dynamics in a...
North Korea's economy is experiencing a period of acute instability, characterized by rising consumer prices, currency depreciation, and increasing policy uncertainty. Inflation in particular...
