August 2005
Asia Monitor: China & North East Asia Monitor;Aug2005, Vol. 12 Issue 8, p12
Country Report
Country Report
The article provides information on the political, economic and business condition in North Korea. North Korea's elite power structure has undergone radical change over the past six years, according to a South Korean government document, with leader Kim Jon II replacing 26 of his 30 closest officials in ministries and the military since the government was inaugurated in 1998. Sino-North Korean trade surged by 35.4% to a record US$1.38bn in 2004, according to the Korea International Trade Association, with the North's exports to China rising to US$586mn, and imports to US$800mn. North Korean central bank officials have met many of their international counterparts at an annual gathering of the Bank for International Settlements in Switzerland. This is only the second time the communist state has sent a delegation.


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