{"id":64478,"date":"2025-08-19T19:46:17","date_gmt":"2025-08-19T10:46:17","guid":{"rendered":"https:\/\/www.dailynk.com\/english\/?p=64478"},"modified":"2025-08-19T11:48:29","modified_gmt":"2025-08-19T02:48:29","slug":"fear-of-purges-spreads-as-north-korea-targets-veteran-china-traders","status":"publish","type":"post","link":"https:\/\/www.dailynk.com\/english\/fear-of-purges-spreads-as-north-korea-targets-veteran-china-traders\/","title":{"rendered":"Fear of purges spreads as North Korea targets veteran China traders"},"content":{"rendered":"<p class=\"whitespace-normal break-words\">North Korea is probing trading companies in North Pyongan province in charge of trade with China. The move appears aimed at tightening the regime&#8217;s grip on trade.<\/p>\n<p class=\"whitespace-normal break-words\">A source in the province told Daily NK recently that the investigation is being led by the Ministry of External Economic Relations and Ministry of State Security, under the cabinet. The investigation is targeting major trading companies in the province, as well as the trade management bureau at the provincial people&#8217;s committee.<\/p>\n<p class=\"whitespace-normal break-words\">After the Ministry of External Economic Relations proposed the need to reinforce the state&#8217;s total control over trade, North Korean leader Kim Jong Un ordered the ministry to carry out a monthlong heavy-duty investigation alongside the Ministry of State Security.<\/p>\n<p class=\"whitespace-normal break-words\">The trading companies currently under investigation by the two ministries are medium and large entities that have been earning foreign currency by handling state-mandated trading projects with China since before the pandemic.<\/p>\n<p class=\"whitespace-normal break-words\">North Koreans say the investigation was launched to fix these companies&#8217; tendency to prioritize relationships with Chinese traders, as well as their own profits, over trade required by the state. The Central Committee has begun to tighten oversight over these trading companies because it believes their practices are undermining its management and control of trade.<\/p>\n<h4 class=\"text-xl font-bold text-text-100 mt-1 -mb-0.5\"><em>Regime targets veteran traders<\/em><\/h4>\n<p class=\"whitespace-normal break-words\">The regime sees the investigation as an opportunity to carry out a sweeping reshuffle of the officials in charge of these trading companies.<\/p>\n<p class=\"whitespace-normal break-words\">&#8220;This investigation is designed to tame the trading companies by replacing the key officials currently doing business with China with loyal elements,&#8221; the source explained.<\/p>\n<p class=\"whitespace-normal break-words\">&#8220;The Central Committee intends to use the process to push out problematic officials. Trading officials who have been working with China for a long time are being given revolutionary punishments for things that happened in the past,&#8221; the source added.<\/p>\n<p class=\"whitespace-normal break-words\">&#8220;Revolutionary punishments&#8221; range from reeducation to hard labor.<\/p>\n<p class=\"whitespace-normal break-words\">While the investigation began with major trading companies in North Pyongan province, some expect it will be expanded nationwide.<\/p>\n<p class=\"whitespace-normal break-words\">In short, the authorities want to make an example of the trading companies under investigation so as to scare major trading companies around the country into getting their act together.<\/p>\n<p class=\"whitespace-normal break-words\">Since the investigation was launched, fears of a purge of senior trading officials have been reportedly spreading through the trading sector.<\/p>\n<p class=\"whitespace-normal break-words\">&#8220;There haven&#8217;t been any purges of trading officials since the pandemic. But now people are saying this investigation may lead to purges, sending a chill down people&#8217;s spines,&#8221; the source said.<\/p>\n<p class=\"whitespace-normal break-words\">On the ground, traders are worried that the investigation could cause lasting damage to trade with China.<\/p>\n<p class=\"whitespace-normal break-words\">&#8220;Trading officials privately say this is ultimately a self-defeating move for the regime. Getting rid of companies and officials with long-standing trading relationships with China will present a serious obstacle to trade going forward,&#8221; the source said.<\/p>\n<p><a href=\"https:\/\/www.dailynk.com\/20250812-4\/\">Read in Korean<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>North Korea is probing trading companies in North Pyongan province in charge of trade with China. The move appears aimed at tightening the regime&#8217;s grip on trade. A source in the province told Daily NK recently that the investigation is being led by the Ministry of External Economic Relations and Ministry of State Security, under [&hellip;]<\/p>\n","protected":false},"author":256,"featured_media":44280,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wikipediapreview_detectlinks":true,"footnotes":""},"categories":[67,645,649,2084],"tags":[162,696,759,930,1646],"class_list":["post-64478","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-economy","category-china-north-korea-border","category-china-north-korea-relations","tag-ministry-of-state-security","tag-north-pyongan-province","tag-china","tag-foreign-currency","tag-punishment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Fear of purges spreads as North Korea targets veteran China traders - North Korea News \u2014 Daily NK | Latest DPRK Updates 2026<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dailynk.com\/english\/fear-of-purges-spreads-as-north-korea-targets-veteran-china-traders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fear of purges spreads as North Korea targets veteran China traders\" \/>\n<meta property=\"og:description\" content=\"North Korea is probing trading companies in North Pyongan province in charge of trade with China. 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