Investments made by Chinese companies in North
Korea have increased dramatically over the past decade. Detailing the full
extent of the People’s Republic of China's (PRC) investment in North Korea is
difficult, as the North Korean government provides little information on the
subject. While the government of the PRC publishes data regarding Chinese
outward-bound foreign direct investment (FDI), it is unclear whether the
official data provide a complete picture of the level of PRC investment in
North Korea. However, according to China’s Ministry of Commerce, investments by
Chinese companies have risen dramatically in recent years: the amount of
investment reported for 2008 was $41.23 million U.S. dollars (USD), compared to
only $1.2 million USD in 2003.
A substantial amount of this Chinese investment is taking place in the mining and mineral resource sectors of North Korea as well as in port facilities and other infrastructure sectors. A shift in investment strategy appears to have taken place around 2002, with the signing of a new investment agreement between the two governments and the creation of an experimental special economic zone for Chinese investors across the border from the Chinese city of Dandong. Although the two countries have announced a number of large-scale joint venture projects, there have been a number of obstacles and challenges preventing these investments from achieving their full potential.
Date of Report: July 25, 2013
Number of Pages: 11
Order Number: G2262
Price: $9.95
To Order:
A substantial amount of this Chinese investment is taking place in the mining and mineral resource sectors of North Korea as well as in port facilities and other infrastructure sectors. A shift in investment strategy appears to have taken place around 2002, with the signing of a new investment agreement between the two governments and the creation of an experimental special economic zone for Chinese investors across the border from the Chinese city of Dandong. Although the two countries have announced a number of large-scale joint venture projects, there have been a number of obstacles and challenges preventing these investments from achieving their full potential.
Date of Report: July 25, 2013
Number of Pages: 11
Order Number: G2262
Price: $9.95
To Order:
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