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Yo_Mama_Been_Loggin

(107,956 posts)
Fri May 28, 2021, 08:27 PM May 2021

Situation in North Korea 'Dire' as Residents Attempt to Sell Possessions at Border With China to Pay

for Food

North Korea's economic situation is reportedly so dire that citizens are struggling for basic needs, including food. One expert said there are even credible reports of members of the country's upper class selling off valuables at the Chinese border.

Michael Madden, a North Korean expert working with the Stimson Center and the research group 38 North, told Deutsche Welle in a story published on Thursday that elites have sold assets like gold and aluminum at the border. He told the broadcaster, "These are elite people looking out for their futures."

In January 2020, North Korea was one of the first countries close all its borders—including the one it shares with China—when news first broke of COVID-19. The border remain closed, even though new infections are reportedly drastically low in China now.

Multiple sources have reported on the impact the border shutdowns have had on North Korea's population. China has long been North Korea's biggest trading partner, usually accounting for some 90 percent of its trade volumes, and the Kim Jong Un-led country doesn't import many goods from elsewhere.

https://www.msn.com/en-us/news/world/situation-in-north-korea-dire-as-residents-attempt-to-sell-possessions-at-border-with-china-to-pay-for-food/ar-AAKumlm

Ah but the Great Leader is well fed.
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