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LinkAsia | May 24
After months of war rhetoric, North Korea is hoping to mend severely-weakened ties to their closest ally China. With China's denuclearization stanc...
The alliance between China and North Korea seems to be getting stronger. The two countries just signed a big business deal under which they're going to set up two trade zones in North Korea. Here's CCTV with more.
Chinese President Hu Jintao extended his warm welcome to Jang Song-taek, the uncle of DPRK Leader Kim Jong-un. He also offered condolences and sympathy regarding the devastation brought by recent flooding in the country while Jang conveyed greetings from Kim. At a separate meeting on Friday, Premier Wen Jiaobao told Jang that the friendship between the two countries has endured historical tests and is a shared treasure to be doubly cherished. Jang Song-taek, the powerful uncle of Kim Jong-un, is the chief of the central administrative department of the Worker's Party of Korea. He arrived in Beijing on Monday and attended a joint committee with Chinese Commerce Minister Chen Deming the next day. The two sides agreed to jointly develop two economic zones in the DPRK near the Chinese border. The joint economic projects will be in Rason, on the DPRK's coast, adjacent to the Yanbian prefecture in Northeast China's Jilin province. And in Hwanggumphyong and Wihwa Islands near the estuary of the Yalu River, which separates the two countries. On Thursday, Jang met with Wang Jiarui, head of the International Department of the Communist Party of China Central Committee. During the meeting, Jang said the DPRK is willing to make joint efforts with China to firmly implement the important consensus reached by both leaders. Jang's visit is believed to be the latest move signaling the country's desire to revive its economy. James Kim, CCTV.
The Chinese hope that the deal clearly signals North Korea's intention to reform its economy.