Reduced consumer demand and increased risk aversion likely to impact DPRK sectors ranging from coal exports to tourism
Peter WardOctober 12, 2022
China’s economy has slowed down considerably in the past year, primarily due to COVID-related restrictions and their impact on consumers and industry. But the slow-motion bursting of China’s real estate bubble and its consequences for gross domestic product will likely have a significant impact in the years to come on the region and the world — including North Korea.
NK Pro analysis indicates that the slowdown afflicting the Chinese economy and the structural changes the country is likely to undergo in the coming years will have a range of consequences for the DPRK:
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