North Korea attacks charges from Chinese firm

By Gong Yingchun
0 Comment(s)Print E-mail China.org.cn, September 7, 2012
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China-North Korea economic cooperation regions [File photo] 

According to sources close to Chinese businessmen investing in North Korea, the investment environment in North Korea has been immature for quite a long time, but is now beginning to improve. It is unusual for North Korea to criticize problems occurring between China-North Korea economic cooperation and reports issued by international media. This demonstrates that North Korea cares about the image of its investment environment very much, and is beginning to focus on private capital from China. Chinese companies must know North Korea's polices and laws before making investments. On the other hand, North Korean management is different from that of China, so domestic companies should be cautious in controlling risks, and be wise in the face of huge profits.

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