Chinatown looks forward to a revival of trade with North Korea

Chinatown looks forward to a revival of trade with North Korea 2
Chinatown looks forward to a revival of trade with North Korea 2

Located in Chinese territory, on the banks of the Tumen River close to the North Korean border are the warehouses, containers and unloading ports of Hunchun Posco Hyundai Logistics International.

Oh Jong-soo is the director here.

The bridge connects Hunchun (China) with Rason (North Korea).

Oh appeared quite sad when recalling the optimism that enveloped the town after the North Korean leader’s meetings with South Korea, China and the United States over the past two months.

“After the summit meetings, we all expected relations between China and North Korea to warm up.

China’s turning away from North Korea is said to be one of the factors forcing leader Kim Jong Un to seek denuclearization negotiations with the West.

When the United Nations imposed harsh sanctions on North Korea, these towns were immediately affected.

Chinatown looks forward to a revival of trade with North Korea

Complicated economic relations between China and North Korea

“Basically, all trade with North Korea stopped,” said Liang Jingbo, owner of a seafood store in Hunchun.

This also causes the number of unskilled workers to decrease, real estate prices and restaurant revenues to decline.

Therefore, the recent consecutive summits of the North Korean leader with China, South Korea and the United States have made the people of this town hope for change.

However, despite rising optimism, moves to open borders have yet to be made.

However, Beijing seems to be easing pressure on areas not affected by sanctions.

A travel employee at Kanghui International Travel Service (Dandong, China) also confirmed that tourists to North Korea increased last month, but was not sure why.

In Hunchun, the main motivation for tourists to come here in recent years is to buy seafood at North Korean supermarkets and bring them back to China.

Earlier in the week, more than 20 trucks were also lined up waiting to cross the border.

However, the number of infrastructure projects here is a signal that local officials are quite optimistic about the prospect of normalizing relations and opening the border.

Hunchun also has a high-speed train line.

The same goes for Posco Hyundai’s factory.

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