Chinese Do Business in North Korea
There are some rules for doing business in North Korea.
A local business consultant in Dandong speaks out:
1. They have no electricity in North Korea. So, when you go, take your own generator.
2. There are no roads. When you go, you must build your own.
3. The workers in North Korea have no food. Pack a lunch and take some for them, too.
4. Oh, and the North Korean’s have no equipment.
5. Take flowers. That’s right. Take flowers. When business people cross over into North Korea they are generally taken to a portrait of Kim Il Sung and required to lay flowers.
You would think they would require bags of rice, or seeds or a tractor to be put in front of the portrait.
When North Koreans do come shopping, be sure to know how to check for bogus $100 bills. North Korea produces ‘supernotes’ of such high quality that Washington had to impose sanctions on a Macau bank that was helping the North Koreans pass the bills.
North Korea has its hands empty…I wanted to say full, but it didn’t seem right.
China is North Korea’s only friend…since the Korean War days when China pitched in to, um, help North Korea out.
But since then China has left North Korea far far behind. Or is it that North Korea just didn’t want to keep up.
What do you think?
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