WASHINGTON — Despite years of ever-tighter international sanctions, North Korea’s economy has proven resilient and seems to have fended off the suffering President Trump has sought to force a halt to the country’s nuclear program.”The North Korean economy appears to be beating sanctions thanks to Chinese aid and trade, as well as the re-allocation of conventional defense spending to the civilian economy,” said researcher Henri Féron, who is at the Center for Korean Legal Studies at Columbia University School of Law.This year, North Korean leader Kim Jong Un celebrated the 105th birthday of his grandfather and North Korea’s founder, Kim Il Sung, by opening more than 3,000 units in a housing complex in the capital, Pyongyang, Féron wrote in 38 North, which provides detailed satellite imagery and analysis of what’s happening in the isolated, secretive country.Economists and others monitoring North Korea say it is difficult to measure the impact of sanctions in such a closed society, though some negative consequences have been noted.After United Nations Security Council sanctions targeted fuel deliveries to North Korea this year, numerous gas stations that opened after Kim took power in 2011 closed starting in April of this year, according to economist Curtis Melvin, of the U.S.-Korea Institute at Johns Hopkins School of Advanced International Studies.Trade statistics from the Chinese customs office show… Read full this story
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